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Stewart Real Estate is a national real estate company that sells houses across the country. This year, Stewart Real Estate sold 3806 homes. This turns out to be 73% more than they sold last year. How many homes did they sell last year?

1 Answer

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You can solve this problem by using the equation
(F)/(1+P) = I, where

  • F is the final amount
  • P is the percent in decimal form
  • I is the initial amount

*this is a different version of the percent change equation*

You have been given the final amount of homes Stewart Real Estate has sold, meaning F= 3806

You have also been given the percent in the problem. 73% in decimal form is 0.73 which will be P in the equation

Now, you have to plug in your information


(3806)/(1+0.73) =I


(3806)/(1.73) =I

Use your calculator to solve!


I, or homes sold last year= 2199

User Seertaak
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