The value of zlatan's house has increased by 7%. his house is now valued at £749,000. work out the value of the house before the increase.

The value of the house before the increase is £700,000.

The value of Zlatan's house is  £749,000 after a 7% increase in the value of the house. The total percentage increase in the price of the house is 107% (100 + 7).

In order to determine the value of house before the increase, this formula would be used:

Initial value of the house = new value of the house / total percentage increase

£749,000 / 107%

=  £749,000 / 1.07

= £700,000.

A similar question was answered here: link

£700,000

Step-by-step explanation:

Let's call x the original value of the house. Keeping in mind that

We have that when the value of the house increases by 7%, the new value is £749,000. This condition can be re-written as

Now we can solve the equation to find x:

So, the original value of the house was

£700,000

2 5/8 is the final answer! : )