SOLUTION: A man buy a TV and a Refrigerator for $30,400.He pays $1600 more than the TV sset than he does for the rrefrigerator.Find the value of each.

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Question 1101529: A man buy a TV and a Refrigerator for $30,400.He pays $1600 more than the TV sset than he does for the rrefrigerator.Find the value of each.

Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
t+r=30400
t=r+1600
r+1600+r=30400
2*r=30400-1600
2*r=28800
r=14400 cost of refrigerator
t=14400+1600=16000 cost of TV
Cost and value are two different things.
As soon as you buy a consumer item, its value changes usually depreciating (having less value).