SOLUTION: Property sold for $120,000, 15% more than when it was bought. What was the original cost?

Algebra ->  Algebra  -> Equations -> SOLUTION: Property sold for $120,000, 15% more than when it was bought. What was the original cost?      Log On

Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!
Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!

   

Question 47136: Property sold for $120,000, 15% more than when it was bought. What was the
original cost?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
X*1.15=120000 OR 1.15X=120000 OR X=120000/1.15 OR X=$104347.82