SOLUTION: A man bought a house and had some renovations done. The renovations cost 16 of the price of the house. He paid $980 000 for the house and the renovations. What was the price of t

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A man bought a house and had some renovations done. The renovations cost 16 of the price of the house. He paid $980 000 for the house and the renovations. What was the price of t      Log On


   

Question 1066398: A man bought a house and had some renovations done. The renovations cost 16 of the price of the house. He paid $980 000 for the house and the renovations. What was the
price of the house?
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
renovations were 16% of the price of the house.

he paid 980,000 for the house and the renovations.

what was the price of the house.

let x = the price of the house.

x + .16 * x = 980,000

factor out the x to get 1.16 * x = 980,000

solve for x to get x = 980,000 / .16 = 844,827.5862.

i'm assuming you meant 16% of the price of the house.

if not, then the solution could be different.