Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Another house is sold for £283,392
This is 1.6% less than the price paid for the house. What was the price paid?​

Sagot :

Answer:

the price paid is  £288,000

Step-by-step explanation:

The computation of the price paid is shown below:

Sale of the another house is £283,392

Since the another house would be 1.6% less than the price paid

So, the price paid would be

=  £283,392 × 100 ÷ (100 - 1.6%)

=  £283,392 × 100 ÷ 98.4

=  £288,000

Hence, the price paid is  £288,000

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.