A house on the market was valued at $263,000. After several years, the value increased by 19% By how much did the house's vaule increase in dollars? What is the current value of the house

Value of house increased in several years is $49,970 and New value of house is  $312,970.

Step-by-step explanation:

A house on the market was valued at $263,000. After several years, the value increased by 19% . And so , new value of house is increased by a factor of 19% i.e. New value of house = previous value + 19% of previous value

⇒New value of house = previous value + 19% of previous value

Previous value = $263,000 and ,

19% of previous value = = $49,970

⇒New value of house  = $263,000 + $49,970 = $312,970

Now, Value of house increased in several years  = 19% of previous value of house

⇒Value of house increased in several years =   = $49,970.

∴ Value of house increased in several years is $49,970 and New value of house is  $312,970.

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