A house costs 36% more today than when it built.if the cost of the house today is $333200,find its cost when it was built
1 answer:
Answer:
The cost of house was $245000 when it was built.
Step-by-step explanation:
Given that:
Cost of the house today = $333200
Percent increase in today's price = 36%
Let,
x be the cost of house when it was built.
100 be the percentage when the house was built.
Percentage of house price today = (100+36)% = 136%
136% of x = 333200
Dividing both sides by 1.36
Hence,
The cost of house was $245000 when it was built.
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