Question

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

Answer 1

0.12x = 27,840

Answer 2

thank you

Answer 3

You're welcome.

Answer 4

Alexis paid $22,900 as a down payment for her new home. If the down payment was 20% of the total price of the house, what was the total price of the house?

Answer 5

[AI-generated answer — Explain Bot]

To find the actual cost of the house, we can use the information provided that the down payment was 12 percent of the cost.

Step 1: Calculate the down payment as a decimal:
The down payment is given as 12 percent. To convert this to a decimal, divide it by 100.
12 percent = 12/100 = 0.12

Step 2: Set up a proportion:
Let x be the actual cost of the house. We can set up the following proportion:
down payment / actual cost = 0.12 / 1
27840 / x = 0.12 / 1

Step 3: Cross-multiply and solve for x:
Cross-multiplying the proportion gives us:
27840 = 0.12x

Step 4: Solve for x:
To isolate x, divide both sides of the equation by 0.12:
27840 / 0.12 = x
x = 232,000

Therefore, the actual cost of the house was $232,000.