Question

You placed a 15% down payment on a new home. Given that the amount of the down payment was $36,782.12, determine the price of the home. Round your answer to the nearest cent.
a.
$147,128.48
c.
$245,214.13
b.
$183,910.60
d.
$367,821.20

Answer 1

The correct answer for this question is this one:

You placed a 15% down payment on a new home. Given that the amount of the down payment was $36,782.12, determine the price of the home. Round your answer to the nearest cent.
a. $147,128.48
b. $183,910.60
c. $245,214.13
d. $367,821.20
Hope this helps answer your question and have a nice day ahead.

Answer 2

Answer:

$245,214.13

Step-by-step explanation:

Given: You placed a 15% down payment on a new home. Given that the amount of the down payment was $36,782.12.

To Find: the price of the home

Solution:

Let the price of house be x

Since we are given that You placed a 15% down payment on a new home and amount of the down payment was $36,782.12.

So, $15\% \times x = 36782.12.$

$\frac{15}{100}x = 36782.12.$

$x = 36782.12 \times \frac{100}{15}$

$x = 245214.1333$

Thus the price of the home is $245,214.13