Answer: Ernie has $750 and Bert has [tex]\dfrac{750}{2}=\$375[/tex]
Step-by-step explanation:
Let the amount that Ernie has be 'x'.
Let the amount that Bert has be [tex]\dfrac{x}{2}[/tex]
Amount lost by Ernie = $225
Amount gained by Bert = $675
According to question, we get that
[tex]2(x-225)=\dfrac{x}{2}+675\\\\2x-450=\dfrac{x}{2}+675\\\\2x-\dfrac{x}{2}=675+450\\\\\dfrac{4x-x}{2}=1125\\\\\dfrac{3x}{2}=1125\\\\x=\dfrac{1125\times 2}{3}\\\\x=\$750[/tex]
Hence, Ernie has $750 and Bert has [tex]\dfrac{750}{2}=\$375[/tex]