Question

In 1955 an antique car that originally cost $3,668 is valued today at $62,125 if in excellent condition, which is 1 3/4 times as much as a car in very nice condition, if you can find an owner willing to part with one for any price.What would be the value of the car in very nice condition?

Answer 1

The value of the car in very nice condition will be $35500.

Explanation:

Let the value of car in a very nice condition be = x

The value $62125 is
`1(3)/(4)` or
`(7)/(4)` or 1.75 times of x.

Now, we can calculate for x:

`1.75x=62125`

`x=(62125)/(1.75)`

x = 35500

Hence, the value of the car in very nice condition will be $35500.