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Michael sold his house for $548,900, which was 160% of the amount he paid for it. Calculate the amount he paid for the property.
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Michael sold his house for $548,900, which was 160% of the amount he paid for it. Calculate the amount he paid for the property.

User Antoine Toulme
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1 Answer

5 votes
That would be 548,900  / 1.6  =  $343,062.50 
User Guibin
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