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timama [110]
3 years ago
13

Family paid $24,000 as a down payment for a home if this represents 12% of the price of the home, find the price of the home.

Mathematics
2 answers:
gizmo_the_mogwai [7]3 years ago
8 0

Answer:

$200,000

Step-by-step explanation:

Down payment = $24,000

Given that $24,000 is 12% of the price.

12% = $24000

1% = 24000 ÷ 12 = $2000

Price of the house

= 2000 x 100%

= $200,000

Snowcat [4.5K]3 years ago
8 0

Answer:

200,000

Step-by-step explanation:

24,000 / 0.12= 200,000

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