Nelly is very pleased with the painting she bought at the auction. She tells her daughter that she outbid her rival Joe by paying $2000 more than thrice his bid. If Joe’s bid was $160,000, at how much did Nelly get the painting?
Three times Joe’s bid is 3 * 160000 = <<3*160000=480000>>480000 dollars
Since Nelly paid an additional $2000, she paid 2000 + 480000 = <<2000+480000=482000>>482000 dollars.
#### 482000