Question

a family paid $46,250 as a down payment for a home. if this is 15% of the price, find the price of the home. if necessary, round to the nearest whole number (no decimal places).

Answer 1

$308,333

Explanation:

Let the full price = x.

0.15x = 46250

x = 46250/0.15

x = 308333

Answer: $308,333