Problem 393

Problem 393

Kathy and Tommie put 20%, or $35,000, to purchase a new house. What is the price of the house?

 

Solution

 

According to the question 20% of x is 35000

35000 = 0.20 * x

0.2x = 35000

X = \frac{35000}{0.2}

So price of house is $175000

 

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