Question

Jason and Bailey found a venue for their wedding. The venue requires a $500 deposit to hold the venue for a certain date. If this was 10% of the cost of the venue, how much will Jason and Bailey pay for the venue?

Answer 1

$5,000

Explanation:

Step one:

given

initial deposite= $500

10% of the venue is $500

let the cost of the venue be x

Required

cost of the venue

10/100*x=500

0.1x=500

divide both sides by 0.1

x=500/0.1

x=$5000

Therefore the cost of the venue is $5,000