Question

A house on the market was valued at $423,000. After several years, the value increased by 8%. By how much did the house's value increase in dollars? What i

the current value of the house?

Answer 1

Answer(s):

• The house value increase in dollars in 33,840.
• The current cost of the house is $456,840.

Explanation:

• 423,000 = 100%
• => 4,230 = 100/100%
• => 4,230 = 1%
• => 4,230 x 108 = 108%
• => 456,840 = 108%

Hence, the current cost of the house is $456,840.

• => 456,840 - 423,000 = Increased cost.
• => 33,840 = Increased cost

Hence, the house value increase in dollars in 33,840.

Hoped this helped.

`BrainiacUser1357`

Answer 2

if we take the 423000 to be the 100%, how much is 8% off of it in bucks?

`\begin{array}{ccll} amount&\%\\ \cline{1-2} 423000&100\\ x&8 \end{array}\implies \cfrac{423000}{x}=\cfrac{100}{8}\implies \cfrac{423000}{x}=\cfrac{25}{2} \\\\\\ 846000=25x\implies \cfrac{846000}{25}=x\implies 33840=x`