Bart had $635 and Ernie had $403. After they shared the cost of a present equally. Ernie had 3/5 the amounted money Bart had. How much did each of them pay for the present?
Let x be the amount they paid equally for the present.
Bart = (635 - x)
Ernie = (403 - x)
Ernie = 3 * Bart / 5
403 - x = 3 * (635 - x) / 5
2015 - 5x = 3 * (635 - x)
2015 - 5x = 1905 - 3x
2x = 110
x = 55
Each of them paid x = $<<55=55>>55 for the present. Answer: \boxed{55}.
Let's assume the amount they each paid for the present as 'x'.
According to the given information, Ernie had 3/5 of the amount Bart had after sharing the cost of the present equally.
We can write this as an equation: 3/5 * (Bart's amount - x) = Ernie's amount = $403
To find Bart's amount, we need to subtract Ernie's amount from the total amount they had before sharing the cost: Bart's amount = $635 - $403 = $232.
Now, we can set up another equation to solve for 'x': 3/5 * ($232 - x) = $403.
Simplifying the equation: (3/5) * ($232 - x) = $403.
Multiplying both sides by the reciprocal of 3/5 (which is 5/3): ($232 - x) = $403 * (5/3)
Simplifying further: $232 - x = $671.67
Subtracting $232 from both sides: -x = $671.67 - $232
-x = $439.67
Multiplying both sides by -1 to solve for 'x': x = -$439.67
Since paying a negative amount doesn't make sense, there seems to be an error or inconsistency in the given information. Please double-check the values or provide more information if possible.