the value of zlatans house has increased by 7%. the house is now valued at £749000. workout the value of the house before it was increased

Respuesta :

Answer:

Value of house before increase

is $700000.

Step-by-step explanation:

⭐Given:

  • The value of zlatans house has increased by 7%. the house is now valued at £749000.

To Find:

  • The value of the house before it was increased

Solution:

Let the value of house before increase be 'x'.

Rate of growth = 7%

So, Amount of growth would be

[tex]=\dfrac{7}{100}\times x\\\\=0.07x[/tex]

So, Value of house after increase becomes

[tex]\begin{gathered}x+0.07x\\\\=1.07x\end{gathered}[/tex]

Since Value of house after increase

= $ 749000

According to question,

it becomes,

[tex]\begin{gathered}1.07x=749000\\\\x=\dfrac{749000}{1.07}\\\\x=700000\end{gathered}[/tex]

Hence, Value of house before increase is $700000.

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