document.write( "Question 981344: Two lots are purchased for $375,000. One lot costs 25% less than the other. What did each lot cost? \n" ); document.write( "
Algebra.Com's Answer #602339 by macston(5194) You can put this solution on YOUR website! . \n" ); document.write( "x=cost of more expensive lot; 0.75x=other lot \n" ); document.write( ". \n" ); document.write( "x+0.75x=$375,000 \n" ); document.write( "1.75x=$375,000 \n" ); document.write( "x=$214285.71 ANSWER 1: The higher priced lot was $214285.71 \n" ); document.write( ". \n" ); document.write( "Total-expensive lot=other lot \n" ); document.write( "$375,000-$214285.71=$160714.29 ANSWER 2: The lower priced lot was $160714.29 \n" ); document.write( ". \n" ); document.write( "CHECK: \n" ); document.write( "One lot cost 25% less. \n" ); document.write( "$214285.71-(($214285.71)(0.25))=$214285.71-$53571.43=$160714.28\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |