Question

The value of zlatans house has increased by 7% His house is now valued at ?749,000 Work out the value of the house before the increase

Answer 1

Answer:

$440588.24

Step-by-step explanation:

Let x be the value of Zlatans house before the increase.

We are told that the value of Zlatans house has increased by 7%. His house is now valued at $749,000. This means that value of house(x) before increase plus 7% of x will be equal to $749000.

We can set this information in an equation as:  

$x+\frac{70}{100}x=74900$

$x+0.7x=74900$

Upon combining like terms we will get,

$(1+0.7)x=74900$      

$1.7x=74900$  

$x=\frac{749000}{1.7}$    

$x=440588.2352941176470588\approx 440588.24$      

Therefore, the value of the house before increase will be $440588.24.