a house cost 36% more today then when it was built.If the cost of the house today is 333200,find its cost when it was built.
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Answer:
245000
Step-by-step explanation:
let the original cost be x.
so 36% increase means:
(36/100)*x
=> 36x/100
Now add this to original price to show the growth of the price
36x/100 + x
=>(36x+100x)/100
=>136x/100
Now according to question the current price is 333200
therefore:
136x/100 = 333200
x= (333200 x 100)/136
=245000
therefore the cost when it was built is 245000
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