KayleeBlue KayleeBlue

19-10-2018
Mathematics

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19-10-2018

Answer:

$450,000.

Step-by-step explanation:

100% - 38% = 62% of the previous house value is the current house value after the 38% decrease.

We'll first convert 62% to a decimal by dividing by 100.

62% = 62 / 100 = 0.62

0.62x = 279,000

Multiply by (100/62) on each side.

x = 450,000

The house value when it was purchased was $450,000.

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