The horse was worth it for $1800.
What is proportion?
A mathematical comparison of two numbers is called a proportion. Ratios and fractions are the main bases on which proportion is explained. Two ratios are equal when they are expressed as a fraction in the form of a/b, ratio a:b, and then a proportion. In this case, a and b can be any two integers.
Based on the given question condition, where, 'h' denotes the amount for the horse in dollars, the proportion can be defined as:
or, [tex]\frac{19200 + h}{12} = \frac{10450+h}{7}[/tex]
or, (19200 + h)7 = (10450 + h)12
or, 134400 + 7h = 125400 + 12h
or, 12h - 7h = 134400 - 125400
or, 5h = 9000
or, h = 9000/5 = 1800
Hence, the horse was worth $1800.
To learn more about proportion
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