A house has increased in value by 15% to £92000 What was the original value?
1 Answer
Apr 16, 2018
£80000
Explanation:
I Personally like to use algebra here. So we have this:
(because the value has to decrease our value have to be more then 1 otherwise it would get bigger and there for it's 1.15)
Now just divide 1.15 on both sides to get the original amount.
so £80000