Eric saved $70 per month for a motorbike. At the end of 8 months, he found that the amount of savings he had was only
25 the price of the motorbike.
- How much was the motorbike?
- How much more must Eric save in order to buy the motorbike?
(a)
Amount that Eric saved for 8 months
= 8 x 70
= $560
Amount of savings = 2 u
Price of the motorbike = 5 u
2 u = 560
1 u = 560 ÷ 2 = 280
Price of the motorbike
= 5 u
= 5 x 280
= $1400
(b)
Amount that Eric must save more to buy the motorbike
= 1400 - 560
= $840
Answer(s): (a) $1400; (b) $840