Question

The value of Zlatan's house has increased by 7%. his house is now valued at £749,000. work out the value of the house before the increase.

[THE ANSWER ISN'T 696,750]

Answer 1

Hi there!

In order to figure out what Zlatan's house was before the increase we can set up a proportion. We'll find 93% of the value because that is how much the house is worth minus the 7%. Then, we'll cross-multiply and finally, divide.

WORK:
x/749000 = 93/100
100x = 69657000
x = $696,570

Hope this helps!! :)
If there's anything else that I can help you with, please let me know!

Answer 2

the value of the house before the increase.

700000

Explanation:

Today price= 749000

Today price= actual price*(1+7%)

749000=AP+0,07AP

749000=1,07AP

AP=749000/1,07

AP=700000