A woman paid Rs. 15000 as down payment on a house if this amount was 20% of the price. What did the house cost?
- Rs. 65000
- Rs. 75000
- Rs. 85000
- None of these
Explanation
To find the total cost of the house, divide the down payment (Rs. 15000) by the percentage (20% or 0.20).
Total cost = Down payment / Percentage
= Rs. 15000 / 0.20
= Rs. 75000
So, the correct answer is Rs. 75000.
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