A house was originally worth $95,000 but increased in value to $110,000 after 5 years. What is the ratio of the amount by which the house's value was increased to the house's original value 5 years earlier?

Question

anonymous · Answer

95000/(110000-95000) = 6.33333
6.33333*3 = 19
hence 19/3 is the ratio

anonymous · Answer

3:19 that is....

anonymous · Answer

Okay so write down you givens first. P1 = 95,000 , P2 - 110,000 for ratios you want price of the house now compared to the house earlier so 110,000/95,000

anonymous · Answer

This will give you 115.8 % this tells you that 110,000 is 100% of the earlier house plus 15.8 %

anonymous · Answer

ratio of the amount by which the house's value was increased to the house's original...
This means that they have to compare the increment by the original. Increase was 15k, original was 95k... I think it asks for a ratio of the following...