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4 votes
If a downpayment of $400 is 5% of the purchase price of a car, what is the purchase price

1 Answer

2 votes

well, the purchase price is really "x", which oddly enough is the 100%, now, we know that $400 is 5% of that, so


\begin{array}{ccll} Amount&\%\\ \cline{1-2} x & 100\\ 400& 5 \end{array} \implies \cfrac{x}{400}~~=~~\cfrac{100}{5} \\\\\\ \cfrac{x}{400} ~~=~~ 20\implies x=8000

answered
User Regnarg
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