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A house has increased in value by 33% since it was purchased. if the current value is 532,000, what was the value when it was purchased?

A house has increased in value by 33% since it was purchased. if the current value is 532,000, what was the value when it was purchased?
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4 votes
a house has increased in value by 33% since it was purchased. if the current value is 532,000, what was the value when it was purchased?

asked
User KrazyMax
by
7.7k points

1 Answer

3 votes

Answer:

$400,000

Explanation:

532000 = x(1 + 0.33)

x = 532000 / 1.33

x = 400000

answered
User Andreas Neumann
by
7.1k points
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