Question

A house has increased in value by 35% since it was purchased. If the current value is $432,000, what was the value when it was purchased?

Answer 1

432000/135×100

Explanation:

current house value is an increase of 35% oner the original value,

so if current value is 100% plus 35% or 135% of original value,

then original value is $432,000 / 135 x 100