SOLUTION: Lucy wants to buy a house with the value of £140,000. She can pay a deposit up front of £20,000. What is the amount of the deposit Lucy can pay up front as a fraction of the tot

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Lucy wants to buy a house with the value of £140,000. She can pay a deposit up front of £20,000. What is the amount of the deposit Lucy can pay up front as a fraction of the tot      Log On

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Question 1169691: Lucy wants to buy a house with the value of £140,000. She can pay a deposit up front of £20,000.
What is the amount of the deposit Lucy can pay up front as a fraction of the total cost of the house? Write
your answer in its simplest form

Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
The fraction is 20,000/140,000
or 20/140
or 2/14
or 1/7