Pierre and Owen share a sum of money. Pierre receives $500. If Pierre gets $50 less, the amount of money Owen gets will increase by 25%. Find the sum of money that the boys share.
| |
Pierre |
Owen |
| Before |
500 |
100% |
| Change |
- 50 |
+ 50 (+ 25%) |
| After |
|
125% |
If Pierre gets $50 less, it means Owen will receive more money as they share a sum of money.
Amount that Owen gets more in percent = 25%
25% → 50
1% → 50 ÷ 25 = 2
Amount that Owen has
= 100%
= 100 x 2
= $200
Amount that the boys share
= 200 + 500
= $700
Answer(s): $700
