document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=464094>Question 464094</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A lot was sold for $138,000 by an agent. A profit of 15% more than the cost of the lot was made. How much was the original cost of the lot?? \r<BR>\n" );
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document.write( "Please help.... </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #317893 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=317893\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the lot was sold for 138000.<BR>\n" );
document.write( "the profit that was made was 15% more than the cost of the lot.<BR>\n" );
document.write( "how much was the original cost of the lot.<BR>\n" );
document.write( "let x be the cost of the lot.<BR>\n" );
document.write( "then x + .15*x = 138000.<BR>\n" );
document.write( "factor out the x and you get x * (1.15) = 138000<BR>\n" );
document.write( "divide both sides of the equation by 1.15 and you get x = 120000.<BR>\n" );
document.write( "the cost of the lot was 120000.<BR>\n" );
document.write( "a 15% profit was made.<BR>\n" );
document.write( "that equals 120000 * .15 = 18000<BR>\n" );
document.write( "add 18000 to 120000 and you get a sale price of 138000.\r<BR>\n" );
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