Problema Solution
Together a house and lot cost $400,000. The house cost is 7 times as much as the lot. How much will the lot cost? How much will the house cost?
Answer provided by our tutors
Let
x = the cost of the lot
y = the cost of the house
x + y = 400000
y = 7x
........
click here to see the system of equations solved for x and y
........
x = $50,000
y = $350,000
The cost of the lot is $50,000.
The cost of the house is $350,000.