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If Kim makes a $30,000 down payment on a house, which represents 20%

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Bunuel
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If Kim makes a $30,000 down payment on a house, which represents 20% [#permalink] New post   02 Sep 2021, 03:13
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A
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81% (00:42) correct 19% (00:33) wrong based on 54 sessions
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If Kim makes a $30,000 down payment on a house, which represents 20% of the sale price of the house, how much money does Kim still owe on the house?

A. $90,000
B. $120,000
C. $140,000
D. $150,000
E. $170,000
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B
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sj296
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If Kim makes a $30,000 down payment on a house, which represents 20% [#permalink] New post   Updated on: 02 Sep 2021, 19:39
Let's say the price of the house = x

=> 20% of x = 30,000

=> x = 30,000/20% = $150,000

Amount kim still owes = 150000 - 30000 = 120000
OA should be B

Originally posted by sj296 on 02 Sep 2021, 11:13.
Last edited by sj296 on 02 Sep 2021, 19:39, edited 1 time in total.
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Re: If Kim makes a $30,000 down payment on a house, which represents 20% [#permalink] New post   02 Sep 2021, 12:13
sj296 wrote:
Let's say the price of the house = x

=> 20% of x = 30,000

=> x = 30,000/20% = $150,000

OA should be D

pay more attention to questions. "still owes" means 150-30=120

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sj296
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Re: If Kim makes a $30,000 down payment on a house, which represents 20% [#permalink] New post   02 Sep 2021, 19:40
Foreheadson wrote:
sj296 wrote:
Let's say the price of the house = x

=> 20% of x = 30,000

=> x = 30,000/20% = $150,000

OA should be D

pay more attention to questions. "still owes" means 150-30=120

Posted from my mobile device


Corrected. Thanks.
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Re: If Kim makes a $30,000 down payment on a house, which represents 20% [#permalink]
02 Sep 2021, 19:40
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