Answer:
Value of house before Increase = $700000.
Step-by-step explanation:
Let the value of house before increase be $x.
Increase in value = 7%of x= .07x
Value of house before increase+ Increase in value = Total value.
x+.07x=749000
Adding like terms,
1.07x=749000
Dividing both sides by 1.07.
x=700000.
Value of house before Increase = $700000.
