Question

A man owned 5/8 of an interest in a house. He sold 1/5 of his interest, at a cost for $1000. What is the total value of the house? Explain how u solved it.

Answer 1

First you would have to find a common denominator with 1/5 and 5/8, which would be 40. So, they would now be 8/40 and 25/40. If 8/40 is $1,000, then you need to figure out how many 8/40 you need to get 40/40. You need 5 8/40, so you multiply $1,000 by 5 to get $5,000, which is the answer.