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A house has increased in value by 37% since it was purchased. If the original value was 720, 000 what is the value after the increase?

Solution

A house has increased in value by 37% since it was purchased. If the original value was 720, 000 what is the value after the increase?

Solution

Amount after addition : 986400

Solution steps

Translate the problem into an equation:

x = 720000 + 0.37 \cdot 720000

x = 720000 + 0.37 \cdot 720000 : x = 986400

Amount after addition : 986400

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