Joanne paid $27,840 as a down payment for her house. If the down payment was 12% of the actual cost of the house, what was the actual cost?

betterthennewzv

betterthennewzv

Answered question

2022-08-05

Joanne paid $27,840 as a down payment for her house. If the down payment was 12% of the actual cost of the house, what was the actual cost?

Answer & Explanation

prelatiuvq

prelatiuvq

Beginner2022-08-06Added 6 answers

Step 1
Down payment paid
by Joanne = $ 27840
Since down payment is 12% of hte actual lost.
Step 2
Let actual cost = x $
then x × 12 % = 27840
x × 12 100 = 27840
x = 2784000 12
x = 232000
x = $ 232000
Thus actual cost is $232000.

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