A house and a lot are appraised at 212,400. If the value of the house is five times the value of the lot, how much Is the house worth
Mathematics · College · Mon Jan 18 2021
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Given the statement:
A house and a lot are appraised at 212,400.
Determine the value of the house if it is 5 times the value of the lot.
Solution:
In order to determine the answer, we must first equate the given in an equation.
x = value of the lot
5x = value of the house.
x + 5x = 212400
Solve for x.
x + 5x = 212400
6x = 212400
Divide both sides by 6 in order to determine the value of the lot.
6x/6 = 212400/6
x = 35,400
Multiply the value of x by 5 to determine the value of the house.
= 5(35,400)
= 177,000
Final answer:
The value of the house is 177,000.