SOLUTION: You buy a house including the land it sits on for $121000. The real estate agent tells you that the land costs $5000 more than the house. What is the price of the house and what is
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: You buy a house including the land it sits on for $121000. The real estate agent tells you that the land costs $5000 more than the house. What is the price of the house and what is
Log On
Question 1185033: You buy a house including the land it sits on for $121000. The real estate agent tells you that the land costs $5000 more than the house. What is the price of the house and what is the price of the land? Answer by ikleyn(52781) (Show Source):
house + land = 121000
house + (house + 5000) = 121000
x + ( x + 5000) = 121000
2x = 121000 - 5000
x = = 58000.
Thus the house costs 58000 dollars; the land costs 58000 + 5000 = 63000 dollars.
