alice hall made a $3,000 down payment on a new ford explorer wagon. she still owes 90% of the selling price…
alice hall made a $3,000 down payment on a new ford explorer wagon. she still owes 90% of the selling price. what was the selling price of the wagon?
Answer
Explanation:
Step1: Let selling price be $x$.
Let the selling price of the wagon be $x$.
Step2: Find amount owed in terms of $x$.
She owes 90% of $x$, which is $0.9x$.
Step3: Express down - payment in terms of $x$.
The down - payment is $x−0.9x = 0.1x$.
Step4: Solve for $x$.
We know the down - payment is $3000$, so $0.1x=3000$. Then $x=\frac{3000}{0.1}=30000$.
Answer:
$30000$