# A house has increased in value by 15% to £92000 What was the original value?

Apr 16, 2018

£80000

#### Explanation:

I Personally like to use algebra here. So we have this:

$1.15 = 92000$

(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.

$\frac{1.15}{1.15} = \frac{92000}{1.15}$

$\frac{92000}{1.15} = 80000$

so £80000