SOLUTION: According to a school’s budget, the money spent on buying new equipment and money spent on maintenance of old equipment should be in the ratio of 5:6 In one year, if the money sp

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Question 1192339: According to a school’s budget, the money spent on buying new equipment and money spent on maintenance of old equipment should be in the ratio of 5:6 In one year, if the money spent on buying new equipment is $75,500.00

, how much money was spent on maintenance of old equipment?

Answer by greenestamps(13198) About Me  (Show Source):
You can put this solution on YOUR website!


5%2F6=75500%2Fx
%285%2F6%29x=75500
x=75500%2F%285%2F6%29=75500%2A%286%2F5%29=6%2815100%29=90600

ANSWER: $90,600