Question

the value of a house has increased by 7%
the home is now valued £749,000
what is the value before the increase.

Answer 1

Answer:

Let the value of home before increase be X .

X+ 7%×X=749000

or, X+7x/100=749000

or, 100x-7x/100=749000

or, 93x=74900000

or, X=805376