SOLUTION: A family paid a down payment of $26,000 for a home. If this represent 13% of the price of the home, find the price of the home.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A family paid a down payment of $26,000 for a home. If this represent 13% of the price of the home, find the price of the home.      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 666284: A family paid a down payment of $26,000 for a home. If this represent 13% of the price of the home, find the price of the home.
Answer by Katiebug24(19) About Me  (Show Source):
You can put this solution on YOUR website!
The price of the home is:
$200,000 USD
__________________________________
100% divided by 13%=7.69230769231
$26,000 times 7.69230769231=$200,000
___________
SOLUTION
$200,000 USD