Question

A house has increased in value by 35% since it was purchased. If the current value is S432,000, what was the value when it was purchased?

Answer 1

Answer:

The value of the house when it was purchased = $32000

Step-by-step explanation:

The original percentage value = 100%

The current percentage value = 100% + 35% = 135%

Current value = $432000

Original value = x

`\begin{gathered} The\text{ current value =}(135)/(100)* The\text{ original value} \\ \\ 432000=1.35* x \\ \\ x=(432000)/(1.35) \\ \\ x=$ 320000 $ \end{gathered}`

The value of the house when it was purchased = $32000