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18 June, 07:08

A house has increased in value by

29%

since it was purchased. If the current value is

$387,000

, what was the value when it was purchased?

+1
Answers (1)
  1. 18 June, 07:31
    0
    387000 times 0.29 < - - - (same as 29%)

    =112230 (this is the increased value aka the 29%)

    387000-112230=274770 (subtracting to find original value)

    Answer is $274,770
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