Answer:
[tex]Current \ price = 609000\\\\Let \ the \ original \ price \ be = x\\\\\% increase = 5 \% \ of \ x = \frac{5}{100} \times x = \frac{5x}{100}\\\\Price \ after \ increase, current\ price = \frac{5x}{100} + x\\\\[/tex]
[tex]=> 609000 = \frac{5x}{100} + x\\\\=>609000 = \frac{105x}{100}\\\\=> x = \frac{609000 \times 100}{105}\\\\x = 580000[/tex]
Therefore original price = $580,000
