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A house has decreased in value by 36% since it was purchased. If the current value is $80,000, what was the value when it was purchased?

A house has decreased in value by 36% since it was purchased. If the current value is $80,000, what was the value when it was purchased?
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5 votes
A house has decreased in value by 36% since it was purchased. If the current value is $80,000, what was the value when it was purchased?

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User Boris Burkov
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8.7k points

1 Answer

5 votes

The answer is 108,800 because 36% of 80,000 is 108,800.

answered
User Richleland
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8.5k points
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