Princess Daphne bought three necklaces and a set of earrings for a total of $240,000.  If all three necklaces were equal in price, and the earrings were three times as expensive as any one necklace, then how expensive was the cost of a single necklace?
Let "x" be the price of a single necklace.
Thus, the cost of the earrings would be 3x.
And since all items totaled $240,000, then x+x+x+3x = $240,000.
Therefore, this simplifies to 6x=240,000.
And, solving for x we see that the price of a single necklace is x = $
<gadget id="calculator">40000</gadget>
<output>40_000</output>
40,000.

<result>40_000</result>