Answer:
$240
Step-by-step explanation:
We are given that the ratio of price of used washer to the new=1:3
We have to find the price of used washer
We are given that price of new washer =$720
We are given that ratio 1:3
Let x be the price of used washer =x
\(\frac{Price\;of\;used\;washer}{price\;of\;new}=\frac{x}{720}\)
\(\frac{x}{720}=\frac{1}{3}\)
\(x=\frac{720}{3}\)
\(x=240\)
Hence, the price of used washer=$240
Therefore, you could resell it used for $240.
