Question 1155673
Let {{{ x }}} = the selling price of the 2nd property
{{{ 2x - 40000 }}} = the selling price of the 1st property
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{{{ .03x + .03*( 2x - 40000 ) = 9600 }}}
{{{ .03*( x + 2x - 40000 ) = 9600 }}}
{{{ 3x - 40000 = 320000 }}}
{{{ 3x = 360000 }}}
{{{ x = 120000 }}}
and
{{{ 2x - 40000 = 2*120000 - 40000 }}}
{{{ 2x - 40000 = 240000 - 40000 }}}
{{{ 2x - 40000 = 200000 }}}
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$120,000 = the selling price of the 2nd property
$200,000 = the selling price of the 1st property
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check:
{{{ .03*( x + 2x - 40000 ) = 9600 }}}
{{{ .03*( 120000 + 200000 ) = 9600 }}}
{{{ .03*320000 = 9600 }}}
{{{ 9600 = 9600 }}}
OK