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Popular Word Problems >

A family's home is currently worth 531,056, which is 20% lower than the home was worth when they bought it. What was the value of the home when they bought it?

Solución

A f ami l y^{'} s h o m e i s c u rre n tl y w or t h 531, 056, w hi c h i s 20% l o w er t han t h e h o m e w a s w or t h w h e n t h ey b o ug h t i t . Wha t w a s t h e v a l u e o f t h e h o m e w h e n t h ey b o ug h t i t ?

Solución

Amount before reduction : 663820

Pasos de solución

Translate the problem into an equation:

531056 = x - 0.2 x

531056 = x - 0.2 x : x = 663820

Amount before reduction : 663820

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