Question

A house has decreased in value by 35% since it was purchased. If the current value is 169,000 , what was the value when it was purchased?

Answer 1

260,000

Explanation:

100%-35%=65%

169,000=65%

So，169,000×100÷65=260,000

Answer 2

$260,000

Explanation:

Hello!

The current price of the house is $169,000, and that is after the 35% cut.

• 100% - 35%
• 65%

That means that the current price is 65% of the original price. We can find the original value of the house by solving this equation:

• 
  `(169000)/(65)*100 = OP`

Solve for the Original Price

• 
  `(169000)/(65)*100 = OP`
• 
  `2600*100 = OP`
• 
  `260000 = OP`

The original price of the house is $260,000.