document.write( "Question 260862: I am having a hard time setting a word problem up. The word problem is this - Carl bought two plots of land for a total of $120,000. When he sold the first plot, he made a profit of 15%. When he sold the second, he lost 10%. His total profit was $5500. How much did he pay for each piece of land? \n" ); document.write( "
Algebra.Com's Answer #192169 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .15x-.10(120,000-x)=5,500 \n" ); document.write( ".15x-12,000+.10x=5,500 \n" ); document.write( ".25x=5,500+12,000 \n" ); document.write( ".25x=17,500 \n" ); document.write( "x=17,500/.25 \n" ); document.write( "x=70,000 original price of the profit plot of land. \n" ); document.write( "120,000-70,000=50,000 \n" ); document.write( "Proof: \n" ); document.write( ".15*70,000-10*50,000=5,500 \n" ); document.write( "10,500-5000=5,500 \n" ); document.write( "5,500=5,500 \n" ); document.write( " |