Question

A house has increased in value by 32% since it was purchased. If the current value is $429000, what was the value when it was purchased?

Answer 1

The value of the house when it was purchased was $137,280.

Explanation:

To solve this equation, you need to multiply 429,000 by 32%.

429,000 x 0.32 = $137,280

Hope this helped!