Neave saved $74 per month for a bicycle. At the end of 7 months, he found that the amount of savings he had was only
27 the price of the bicycle.
- How much was the bicycle?
- How much more must Neave save in order to buy the bicycle?
(a)
Amount that Neave saved for 7 months
= 7 x 74
= $518
Amount of savings = 2 u
Price of the bicycle = 7 u
2 u = 518
1 u = 518 ÷ 2 = 259
Price of the bicycle
= 7 u
= 7 x 259
= $1813
(b)
Amount that Neave must save more to buy the bicycle
= 1813 - 518
= $1295
Answer(s): (a) $1813; (b) $1295