Question 983698
A loss of 15% means that the first house was sold at 100% - 15% = 85% of its value.
{{{"85%"=85/100=0.85}}}
If {{{x}}}= value of one house (in $) ,
{{{0.85x=127000}}}--->{{{x=127000/0.85}}}--->{{{x=149411.765}}} (rounded to 3 decimal places).
The value of the two houses would be twice that:
{{{2x=2*149411.765=298823.53}}} ,
To gain 8% on the sale of both houses, the sum of the selling prices must be
100% + 8% = 108% of that {{{2x=298823.53}}} amount that is the total value of the two houses.
( {{{"108%"=108/100=1.08}}} )
If {{{y}}}= selling price of the second house (in $), that means
{{{y+127000=1.08*298823.53}}} .
{{{1.08*298823.53=322729.41}}} rounded to 2 decimal places)
{{{y+127000=322729.41}}}
{{{y=322729.41-127000}}}
{{{highlight(y=195729.41)}}}