A value of a plot of land has increased by 10% in the past year. The new value of the plot is $46,200. What was the value of the plot last year.

asked Dec 26, 2020 207k views

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7 votes

Answer:

42,000 dollars was the value of the plot last year

Explanation:

$x*(110)/(100)=46200\\110x=4620000\\x=(4620000)/(110) \\x=42000$

Jpavlov answered Jan 2, 2021

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