The computation shows that the cost of the Renoir is $9,250,000.
Let the price of the Renoir be represented by x
Therefore, the price of the Van Gogh will be (1.5 × x) = 1.5x
Therefore, the cost will be calculated thus:
1.5x + x = 23125000
2.5x = 23125000
x = 23125000/2.5
x = 9250000
Therefore the cost of the Renoir is $9,250,000.
Learn more about cost on:
https://brainly.com/question/25109150