House prices increased 13% between 1994 and 1996 .how much would a house be worth in 1996 cost £134,500 in 1994

Question

asked Feb 5, 2021 169k views

1 Answer

FatBoyXPC · Answer 1 · 2021-02-12T02:09:52+0000

Answer:

134,500/(1 - 0.13) = 154597.70114942

Explanation:

Use the equation

Original price / (1 - Percentage divide by a hundred)