Question

A house costs 36% more today than when it was built.If the cost of the house today is $333,200, find the cost when it was built.​

Answer 1

$245,000

Explanation:

Let the intial cost = x

`100\% + 36\% = 136\% = 1.36`

`1.36x = 333200`

`x = (333200)/(1.36)`

`x = 245000`