Answer:
$375,000.
Explanation:
Let the value of the house when it was purchased = x
If its value increases by 32%, then its current value will be:
[tex]x+(32\%\text{ of x)}[/tex]Since we are told that the current value is $495,000, then:
[tex]x+(32\%\text{ of x)=495,000}[/tex]We solve for x.
[tex]\begin{gathered} x+0.32x=495,000 \\ 1.32x=495,000 \\ x=\frac{495,000}{1.32} \\ x=\$375,000 \end{gathered}[/tex]The value of the house when it was purchased was $375,000.