SOLUTION: 6 friends want to buy a piece of land, each paying an equal share of price. The day before the contract signing, 2 of the friends decide to retract their offer. Each of the remaini

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: 6 friends want to buy a piece of land, each paying an equal share of price. The day before the contract signing, 2 of the friends decide to retract their offer. Each of the remaini      Log On


   

Question 1089757: 6 friends want to buy a piece of land, each paying an equal share of price. The day before the contract signing, 2 of the friends decide to retract their offer. Each of the remaining 4 friends must therefore increase his share by USD 4.500. Calculate the price of the land.
Answer by ikleyn(52847) About Me  (Show Source):
You can put this solution on YOUR website!
.
Your equation is, OBVIOUSLY,

%28P%2F6%2B4500%29%2A4 = P,    (where P is the value under the question)

which implies

4P + 6*4*4500 = 6P,

2P = 6*4*4500,

P = 6*2*4500 = 54000.


Answer. 54000 USD.

Solved.