Question

Andy sold his apartment for $497,250, which was 117% of the amount he paid three years ago. What was the original price that he paid three years ago​

Answer 1

Explanation:

Let
`x` be the original price:

`x * (117)/(100) = 497,250`

`1.17x =497,250`

`x =497,250 / 1.17 = 445,165.62`

The original price that he paid three years ago​ was $445,165.62