SOLUTION: 6 friends want to buy a piece of land, each paying an equal share of price. The day before the contract signing, 2 of the friends decide to retract their offer. Each of the remaini

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Question 1089757: 6 friends want to buy a piece of land, each paying an equal share of price. The day before the contract signing, 2 of the friends decide to retract their offer. Each of the remaining 4 friends must therefore increase his share by USD 4.500. Calculate the price of the land.
Answer by ikleyn(52847)   (Show Source): You can put this solution on YOUR website!
.
Your equation is, OBVIOUSLY,

 = P,    (where P is the value under the question)

which implies

4P + 6*4*4500 = 6P,

2P = 6*4*4500,

P = 6*2*4500 = 54000.


Answer. 54000 USD.

Solved.


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