Answer:
$190,000
Step-by-step explanation:
The new price is $200,000 less 1/20 th of $200,000, or
(19/20)($200,000) = $190,000.
This is equivalent to (1 - 1/20)($200,000).
The new price will be $190, 000
The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.
Given:
Price = $200,000
Now. 1/20 of $200,000
= 1/20 * $200,000
= 10000
So, new price will be
= $200,000 - 10000
= $190, 000
Learn more about Unitary method here:
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