Question

At ​$1.32 million​, they closed last month for...19 percent above what they paid in​ 2007." How much did they pay in​ 2007?

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer: 1,069,200

Step-by-step explanation:

We know that they paid 1.32 million and was 19% above what they paid in 2007.

Since they paid 19 percent above (1.19) 2007 we can reverse and do 0.81 * 1,320,000 to get our answer.

You may be wondering why it's 0.81 instead of 0.19 that is because 1.19 is over 1. Since 100 is equal to a whole we subtract 0.19 from 100 to get our value we multiply by.

1,320,000 * 0.81 = 1,069,200

We can also find the different simply by doing 1,320,000 * 0.19 which equals 250,800 and to get our answer from here we just subtract 1,320,00 by 250,800