Five-Eighths of Jim Bernard's Inventory Was Destroyed by Water Damage

question 99

Essay

Five-eighths of Jim Bernard's inventory was destroyed by water damage. He sold the remaining part, which was slightly damaged, for one-third of its value and received $5000.
a) What was the value of the destroyed part of the inventory?
b) What was the value of the inventory before the fire?

---

Definitions:

Copper Wire

A type of electrical conductor made of copper, used in wiring for its excellent conductivity.

Acres

A unit of land area used in the imperial and US customary systems, equal to 43,560 square feet, or about 4047 square meters.

Cleaned

The state or condition of being free from dirt, contaminants, or impurities after undergoing a cleaning process.

Worker

An individual employed to perform tasks or services, usually in exchange for compensation.