Cody saved $79 per month for a bicycle. At the end of 8 months, he found that the amount of savings he had was only
47 the price of the bicycle.
- How much was the bicycle?
- How much more must Cody save in order to buy the bicycle?
(a)
Amount that Cody saved for 8 months
= 8 x 79
= $632
Amount of savings = 4 u
Price of the bicycle = 7 u
4 u = 632
1 u = 632 ÷ 4 = 158
Price of the bicycle
= 7 u
= 7 x 158
= $1106
(b)
Amount that Cody must save more to buy the bicycle
= 1106 - 632
= $474
Answer(s): (a) $1106; (b) $474