document.write( "Question 408220: I am stuck on a word problem and would appreciate any help. \r
\n" ); document.write( "\n" ); document.write( " An appraiser reports that Harolds house has lost 15% in value since he originally purchased the house. The appraiser valued his house at $185,500. Set up and solve a linear equation to find how much the house was purchased for ten years ago.
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Algebra.Com's Answer #287651 by ewatrrr(24785)\"\" \"About 
You can put this solution on YOUR website!

\n" ); document.write( "Hi
\n" ); document.write( "Let x represent the value of house when he originally purchased the house
\n" ); document.write( "Question states***
\n" ); document.write( "(note: Now valued at 85% of the original value is the same as having lost 15%)
\n" ); document.write( " .85x = $185,500
\n" ); document.write( "Solving for x
\n" ); document.write( " x = $218,235.30
\n" ); document.write( "CHECKING our Answer***
\n" ); document.write( "218,235.30 -.15*$218,235.30 = $185,500 \n" ); document.write( "
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