x - the amount of money Nina has
y - the cost of one widget
Nina has exactly enough money to purchase 6 widgets.
\(x=6y\)
If the cost of each widget was reduced by $1.25 (so the cost of one widget would be y-1.25), Nina would have exactly enough money to purchase 8 widgets.
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Substitute 6y for x in the second equation:
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Nina has $30.