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Two thirds of the families in smithville own their own homes. The total number of home owning families there is 480. How many families live in smithville?

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x- the total number of families in Smithville.
(2/3)x - the number of home owning families.
At the same time, the number of home owning families is 480.

(2/3)x=480
x=480*3/2=720.

720
families live in Smithville.
User Rostislav
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