The cost of house is $360000.
Multiplication can be understood as repeated addition or, in other words, when we multiply two numbers, we add as many copies of one of them. We use the symbol × to mean multiplication.
Multiplication is increasing the value of a number by adding in equal sets.
3 × 4 means add 3 together 4 times.
3 + 3 + 3 + 3
Multiplying larger numbers is the same.
22 × 14 means add 22 together 14 times.
This takes too long, so we have memorized the simple multiplication facts to make this process easier.
According to the question
A lot cost $120,000 the house cost 3 times more than a lot.
House cost 3 times more than a lot.
= 3 × 120000
= 360000
The cost of house is $360000.
Find out more information about multiplication here
brainly.com/question/26941752
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