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Answer:
The value has increased by <u>8 percent</u>.
Step-by-step explanation:
Given:
The value of a house has increased by $4,200 in the past year.
The value last year was $52,500.
Now, to find the percent increased.
<em>Value of house = $52,500.</em>
<em>Value of house last year increased by = $4200.</em>
So, to get the percent increased:
Therefore, the value has increased by 8 percent.