Oscar spent $950 and saved the rest of his money. If he increased his spending by 30%, his savings would decrease by 15%. How much money did Oscar have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$950 |
100u |
| Change |
+ 30% |
- 15u |
| After |
130% |
85u |
Increase in spending = Decrease in savings
30% spending =
15u savings 100% spending = 950
1% spending = 950 ÷ 100 = 9.5
30% spending = 30 x 9.5 = 285
15 u savings = 2851 u savings = 285 ÷ 15 = 19100 u savings = 100 x 19 = 1900 Amount that Oscar had
= 950 + 1900
= $2850
Answer(s): $2850
