Hey! Havin a bit of trouble here... Help please!!!
A land investment company purchased a parcel of land for $7200. After having sold all but 20 acres ata profit of $30 per acre over the original cost per acre the company regained the entire cost of the parcel. How many acres were sold.
This is how i started breaking down the problem: If the total acres bought is say A and the total acres sold is X, then A=X+20, X=A-20, which should be the total acres sold.
I thought the formula for this problem could be, (Total acres sold) (Price per acre+ profit)= Cost of the parcel, (A-20) (x+30) = 7200
This where i get confused as to what i should be doing now. If i want to find the total acres sold, then i need to know the price per acre. How do i find them? HELP!!!!!
A land investment company purchased a parcel of land for $7200. After having sold all but 20 acres ata profit of $30 per acre over the original cost per acre the company regained the entire cost of the parcel. How many acres were sold.
This is how i started breaking down the problem: If the total acres bought is say A and the total acres sold is X, then A=X+20, X=A-20, which should be the total acres sold.
I thought the formula for this problem could be, (Total acres sold) (Price per acre+ profit)= Cost of the parcel, (A-20) (x+30) = 7200
This where i get confused as to what i should be doing now. If i want to find the total acres sold, then i need to know the price per acre. How do i find them? HELP!!!!!