# SOLUTION: Your elderly neighbour like to tell stories. In particular, he likes to tell the story of how he won the lottery when he was younger. Thing is, he can never quite remember the priz

Algebra ->  Algebra  -> Percentage-and-ratio-word-problems -> SOLUTION: Your elderly neighbour like to tell stories. In particular, he likes to tell the story of how he won the lottery when he was younger. Thing is, he can never quite remember the priz      Log On

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 Click here to see ALL problems on Percentage-and-ratio-word-problems Question 598478: Your elderly neighbour like to tell stories. In particular, he likes to tell the story of how he won the lottery when he was younger. Thing is, he can never quite remember the prize pool. He knows that he received \$21,000 and that he contributed \$2.00 to a \$7.50 ticket. Can you help him figure out the total prize pool?Answer by ankor@dixie-net.com(15638)   (Show Source): You can put this solution on YOUR website!he received \$21,000 and that he contributed \$2.00 to a \$7.50 ticket. Can you help him figure out the total prize pool? : Let x = total prize : x = 21000 multiply both sides by 7.5, results: 2x = 21000*7.5 2x = 157500 x = 157500/2 x = \$78,750 total prize money