document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=983698>Question 983698</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Two houses are of equal value. One house was sold for $127000 resulting in a loss of 15%. At what price must the other house be sold for, in order to gain 8% on the sale of both houses? (Let P be the price of a house).\r<BR>\n" );
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document.write( "Thanks if you choose to solve this! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #604509 by </B><A HREF=/tutors/aboutme.mpl?userid=KMST><B>KMST(5328)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=KMST><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=KMST><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=604509\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A loss of 15% means that the first house was sold at 100% - 15% = 85% of its value.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%2285%25%22=85%2F100=0.85 ALIGN=MIDDLE  ALT=\"%2285%25%22=85%2F100=0.85\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "If <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x ALIGN=MIDDLE  ALT=\"x\"   DISABLED_style= \"max-width:90%; height:auto;\" >= value of one house (in $) ,<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.85x=127000 ALIGN=MIDDLE  ALT=\"0.85x=127000\"   DISABLED_style= \"max-width:90%; height:auto;\" >---><IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x=127000%2F0.85 ALIGN=MIDDLE  ALT=\"x=127000%2F0.85\"   DISABLED_style= \"max-width:90%; height:auto;\" >---><IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=x=149411.765 ALIGN=MIDDLE  ALT=\"x=149411.765\"   DISABLED_style= \"max-width:90%; height:auto;\" > (rounded to 3 decimal places).<BR>\n" );
document.write( "The value of the two houses would be twice that:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2x=2%2A149411.765=298823.53 ALIGN=MIDDLE  ALT=\"2x=2%2A149411.765=298823.53\"   DISABLED_style= \"max-width:90%; height:auto;\" > ,<BR>\n" );
document.write( "To gain 8% on the sale of both houses, the sum of the selling prices must be<BR>\n" );
document.write( "100% + 8% = 108% of that <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2x=298823.53 ALIGN=MIDDLE  ALT=\"2x=298823.53\"   DISABLED_style= \"max-width:90%; height:auto;\" > amount that is the total value of the two houses.<BR>\n" );
document.write( "( <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%22108%25%22=108%2F100=1.08 ALIGN=MIDDLE  ALT=\"%22108%25%22=108%2F100=1.08\"   DISABLED_style= \"max-width:90%; height:auto;\" > )<BR>\n" );
document.write( "If <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y ALIGN=MIDDLE  ALT=\"y\"   DISABLED_style= \"max-width:90%; height:auto;\" >= selling price of the second house (in $), that means<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%2B127000=1.08%2A298823.53 ALIGN=MIDDLE  ALT=\"y%2B127000=1.08%2A298823.53\"   DISABLED_style= \"max-width:90%; height:auto;\" > .<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.08%2A298823.53=322729.41 ALIGN=MIDDLE  ALT=\"1.08%2A298823.53=322729.41\"   DISABLED_style= \"max-width:90%; height:auto;\" > rounded to 2 decimal places)<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y%2B127000=322729.41 ALIGN=MIDDLE  ALT=\"y%2B127000=322729.41\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=y=322729.41-127000 ALIGN=MIDDLE  ALT=\"y=322729.41-127000\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight%28y=195729.41%29 ALIGN=MIDDLE  ALT=\"highlight%28y=195729.41%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
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