Natalie puts down $800 on a car. Natalie still owes 90% of the purchase price. What was the price she bought the car for? (Round to the nearest hundredth or hundredth percent as needed.)
A. $12,000
B. $720
C. $8,000
D. $6,000
My answer is A.
No, how did you get that?
If you paid $800 on 12,000, you would still owe 11200$
which is NOT 90% of 12000
Since you still owe 90%, you must have paid 10% down
10% of what number is 800?
0.1P = 800.
P =
My answer is C.
Correct!
To find the original price that Natalie bought the car for, we can set up an equation:
Original Price * (1 - Percentage owed) = Amount paid
Let's plug in the values given:
Original Price * (1 - 90%) = $800
To solve for the original price, we can divide both sides of the equation by (1 - 90%):
Original Price = $800 / (1 - 90%)
Simplifying,
Original Price = $800 / 0.10
Original Price = $8,000
Therefore, the correct answer is option C: $8,000.