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Maisie bought a house.
The value of the house decreased by 10% in 2016.
For three consecutive years, 2017, 2018 and 2019 the value of the house
increased.
Each year the percentage increase in value was the same each time.
The value of the house at the end of 2019 was 55.52% more than he paid for
the house.
Calculate the percentage increase in value of the house for each of the three
consecutive years.

Respuesta :

The percentage increase in the value of the house each of the three years is 11.49%.

What is the percentage increase in the value of the house?

The equation that can be used to represent the percentage change in the value of the house is:

(100x - 10%) + 3x% = 55.52%

90% + 3x = 55.52%

90% - 55.52% = 3x

34,48% = 3x

x = 34.48/3

x = 11.49%

To learn more about percentages, please check: https://brainly.com/question/25764815

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