SOLUTION: The ratio of two sums of money is 4:3. If the larger sum of money is increased by $40, the ratio becomes 2:1. Find the sums of money.

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Question 910283: The ratio of two sums of money is 4:3. If the larger sum of money is increased by $40, the ratio becomes 2:1. Find the sums of money.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
 

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Let x represent the constant of proportionality

%284x+%2B+40%29%2F3x+=+2%2F1   | Cross Multiplying to solve

4x+40 = 6x

40 = 2x

20 = x

Originally: $80 and $60 were the sums of money