Luke saved $72 per month for a bicycle. At the end of 5 months, he found that the amount of savings he had was only
58 the price of the bicycle.
- How much was the bicycle?
- How much more must Luke save in order to buy the bicycle?
(a)
Amount that Luke saved for 5 months
= 5 x 72
= $360
Amount of savings = 5 u
Price of the bicycle = 8 u
5 u = 360
1 u = 360 ÷ 5 = 72
Price of the bicycle
= 8 u
= 8 x 72
= $576
(b)
Amount that Luke must save more to buy the bicycle
= 576 - 360
= $216
Answer(s): (a) $576; (b) $216