document.write( "Question 38958: A man bought two lots for the same price. He sold one at a profit of $3,000 and the other at a loss of $1,500, receiving twice as much for the first lot as for the second. What did each lot cost?\r
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Algebra.Com's Answer #24407 by fractalier(6550)\"\" \"About 
You can put this solution on YOUR website!
Let x be what he bought the lots for.
\n" ); document.write( "He sold the first for x + 3000.
\n" ); document.write( "He sold the second for x - 1500.
\n" ); document.write( "The problem says the first amount was twice the second, so we have
\n" ); document.write( "x + 3000 = 2(x - 1500)
\n" ); document.write( "x + 3000 = 2x - 3000
\n" ); document.write( "x = $6000
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