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prealgebra intermediate
Problem
When Marika bought her house she paid of the purchase price of the house with a loan. She paid the remaining \49,400$ of the purchase price with her savings. What was the purchase price of her house?
Solution
Since she paid with loans, and the rest she paid with her savings, of the purchase price is what she paid with her savings. Thus, if we call the total price of the house, we have: .
Final answer
247000