Three people decide to share the cost of a yacht. By bringing in an additional partner, they can reduce the cost to each person by $4000. What is the total cost of the yacht?

Answer 1

If the cost is x, then

x/4 = x/3 - 4000

Answer 2

thank you!

Answer 3

No sweat. Getting from the words to the algebra is half the battle. Do lots of word problems. They help you think mathematically.