SOLUTION: A piece of real property is assessed at P 15,400. If this real property is assessed by 11/60 of its actual value, what is its actual value?

Question 207472: A piece of real property is assessed at P 15,400. If this real property is assessed by 11/60 of its actual value, what is its actual value?
Found 2 solutions by rfer, ankor@dixie-net.com:
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
15400/(11/60)=
invert the fraction and multiply, then divide
(15400*60)/11=84,000
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
Let x = it's actual value
:
A piece of real property is assessed at P 15,400. If this real property is assessed by 11/60 of its actual value, what is its actual value?
:
x = 15400
Multiply both sides by 60
11x = 15400 * 60
:
11x = 924000
x =
x = $84,000
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