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AlgebraQ&A LibraryValue of a Lot The value of a building lot on Galiano Islandis jointly proportional to its area and the quantity of water produced by a well on the property. A 200 ft by 300 ft lot has awell producing 10 gal of water per minute and is valued at$48,000. What is the value of a 400 ft by 400 ft lot if the wellon the lot produces 4 gal of water per minute?Start your trial now! First week only $4.99!*arrow_forward*

Question

Value of a Lot The value of a building lot on Galiano Island

is jointly proportional to its area and the quantity of water produced by a well on the property. A 200 ft by 300 ft lot has a

well producing 10 gal of water per minute and is valued at

$48,000. What is the value of a 400 ft by 400 ft lot if the well

on the lot produces 4 gal of water per minute?

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