SOLUTION: Land and Sea Corporation has just purchased some shoreline property, and according to their calculations it will cost 2.5 times as much to develop the land as it did to buy it. If

Question 1139201: Land and Sea Corporation has just purchased some shoreline property, and according to their calculations it will cost 2.5 times as much to develop the land as it did to buy it. If Land and Sea believes it will end up spending a combined total of $13,457,500 on both the land and its development, how much must the land alone have cost?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the cost to buy the land
= the cost to develop the land
----------------------------------------------

and

3,845,000 = the cost to buy the land
9,612,500 = the cost to develop the land
----------------------------------------------
check:

OK
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