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

$245,214.13

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\% * x = 36782.12.`

`(15)/(100)x = 36782.12.`

`x = 36782.12 * (100)/(15)`

`x = 245214.1333`

Thus the price of the home is $245,214.13