Cost of lot: x
Cost of house: 1.5x
Cost of House and Lot: 14 million pesos
Equation:
x + 1.5x = 14
2.5x = 14
2.5x/2.5 = 14/2.5
x = 5.6
The cost of the lot is 5.6 million pesos
To find the cost of the house:
(1.5) (5.6) = 8.4 milion pesos
To check:
5.6 + 8.4 = 14
14 = 14
