SOLUTION: Joanna paid $36, 920 as a down payment for her house. If the down payment was 13% of the actual cost of the house, what was the actual cost? What formula do I use to solve this?

Question 652132: Joanna paid $36, 920 as a down payment for her house. If the down payment was 13% of the actual cost of the house, what was the actual cost?
What formula do I use to solve this?
Found 2 solutions by jim_thompson5910, stanbon:
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
13% of x = 36920

(13/100)*x = 36920

0.13x = 36920

Now solve for x by dividing both sides by 0.13

0.13x/0.13 = 36920/0.13

x = 284,000

So the actual cost of the home was $284,000
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Joanna paid $36, 920 as a down payment for her house. If the down payment was 13% of the actual cost of the house, what was the actual cost?
------
Let actual cost be "x":
-------
Equation:
0.13x = 36,920
---
x = $284,000
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Cheers,
Stan H.
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