How Much Is My House Worth?

I need help with this math problem?

A residence creatively purchased for ,500 sole this month for ,880. What was a percent enlarge in a worth of this house?


There are 4 suggestions to question “I need help with this math problem?”

  1. (original – new value)/ original

    ($86,500 – $96,880)/$86,500
    -10380/86500 <—- it doesn’t matter if it is negative
    0.12 = 12%

  2. (96880 – 86500)/86500 = 0.12 = 12% increase

  3. 96,880 – 86,500 = 10,380/ 86,500 = 12%

  4. $96,880-$86,500/$86,500=P/100

    $10380/$86,500=P/100

    $10380×100=$86,500xP

    $1038000=$86500P, cancel out the $ sign.

    1038000=86500P

    12=P

    12%

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