SOLUTION: The chase family put their house up for sale for 306,000.00. This is 10% less than what they paid for it 3 years ago. What did they pay for the house?

Algebra ->  Equations -> SOLUTION: The chase family put their house up for sale for 306,000.00. This is 10% less than what they paid for it 3 years ago. What did they pay for the house?      Log On


   

Question 1131122: The chase family put their house up for sale for 306,000.00. This is 10% less than what they paid for it 3 years ago. What did they pay for the house?
Found 3 solutions by stanbon, MathTherapy, greenestamps:
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The chase family put their house up for sale for 306,000.00. This is 10% less than what they paid for it 3 years ago. What did they pay for the house?
---------------
They paid 110% of 306,000
Ans:: 1.1*306000 = $336,600
-------------
Cheers,
Stan H.

Answer by MathTherapy(10551) About Me  (Show Source):
You can put this solution on YOUR website!

The chase family put their house up for sale for 306,000.00. This is 10% less than what they paid for it 3 years ago. What did they pay for the house?
Correct answer: highlight_green%28%22%24340%2C000%22%29

Accept NO OTHER answer!

Answer by greenestamps(13198) About Me  (Show Source):
You can put this solution on YOUR website!


10% less than what they paid for it is 90% of what they paid for it.

.90%28x%29+=+306000
x+=+306000%2F.90+=+340000

They paid $340000 for the house.