SOLUTION: Yoko’s Fine Jewelry paid $500 for a 3/4-carat gem. At this price, what is the cost of one carat? Round to the nearest dollar.

Algebra ->  Numeric Fractions Calculators, Lesson and Practice -> SOLUTION: Yoko’s Fine Jewelry paid $500 for a 3/4-carat gem. At this price, what is the cost of one carat? Round to the nearest dollar.      Log On


   

Question 1044678: Yoko’s Fine Jewelry paid $500 for a 3/4-carat gem. At this price, what is the cost of one carat? Round to the nearest dollar.
Answer by MaxWong(38) About Me  (Show Source):
You can put this solution on YOUR website!
Let $x be the cost of one carat.
%283%2F4+%29%28x%29+=+500
x=%28500%284%29%29%2F3
x=2000%2F3
x ~= 667
The cost of one carat is $667.