Answer: The solution would be like this for this specific problem:
Given:
Total amount of the house = £234,900
Find:
Amount of deposit paid = ?
So first, we divide the total amount of the house by the percent of deposit that Carol paid.
= £234,900 / 10%
= £23,490
Another way to solve this is by converting the percent of the deposit into a decimal. We do this by dividing the percentage amount by 100.
= 10% / 100%
= 0.1
Next, we multiply the decimal equivalent of the percentage to the total amount of the house.
= £234,900 * 0.1
= £23,490
So, the amount of deposit that was paid by Carol is £23,490.