Answer:
$90,000
Step-by-step explanation:
We can can use substitution for this. First, we need to create two separate problems that represent this situation. The house and the lot together cost 120000, so we can make the equation h+l=120000. We also know that the house is worth 3 lots, so we can make the equation h=3l. Because h=3l, we can substitute for h, making the equation 3l+l=120000, or 4l=120000. To isolate l, we have to divide both sides by 4. If we do that, we get l=30000. Now, we have to substitute to find h. Our new equation is h+30000=120000. To isolate h, we have to subtract 30000 from each side. If we do this, we get h=90000. That's our answer.
Hope this helps!
