32.
3.
A builder sold a house for $360,000. The land cost $93,300. Construction costs and other expenses
were $85,100 and the remainder was profit. Reduce all ratios to meaningful fractions.
a). What is the ratio of land costs to all other costs?
b). What is the ratio of profit to selling price?

In the question, we are given that a builder sold a house for $360,000. The land cost $93,300. Construction costs and other expenses were $85,100 and the remainder was profit.

(a) We are asked to find the ratio of land costs to all other costs.

The cost of the land is given to be $93,300.

The cost of construction and other expenses is given to be $85,100.

Thus, the fraction of land costs to all other costs can be shown as:

$93,300/$85,100.

The ratio for this fraction can be shown as 933:851.

(b) We are asked to find the ratio of profit to the selling price.

The selling price of the land is given to be $360,000.

The cost of the land is given to be $93,300.

The cost of construction and other expenses is given to be $85,100.

The profit = Selling price - Cost of land - Construction and other costs,

or, the profit = $360000 - $93300 - $85100,

or, the profit = $181,600.

Thus, the fraction of profit to selling price can be shown as $181,600/$360,000.

The ratio for this fraction can be shown as 227:450.

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32. 3. A builder sold a house for $360,000. The land cost $93,300. Construction costs and other expenses were $85,100 and the remainder was profit. Reduce all ratios to meaningful fractions. a). What is the ratio of land costs to all other costs? b). What is the ratio of profit to selling price?

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32.
3.
A builder sold a house for $360,000. The land cost $93,300. Construction costs and other expenses
were $85,100 and the remainder was profit. Reduce all ratios to meaningful fractions.
a). What is the ratio of land costs to all other costs?
b). What is the ratio of profit to selling price?