Finding original value

Algebra
Tutor: None Selected Time limit: 1 Day

A painting by Van Gough increased in value by 80% from year 1995 to year 2000.  If in year 2000, the painting is worth $7200, what was its value in 1995?

Nov 22nd, 2014

Let x = the original value in 1995

Then,  x + .8x = 7200

Therefore, x(1+.8) = 7200

1.8x = 7200

x = 7200/1.8 = $4000

Nov 22nd, 2014

Are you studying on the go? Check out our FREE app and post questions on the fly!
Download on the
App Store
...
Nov 22nd, 2014
...
Nov 22nd, 2014
Dec 10th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer