Daniel spent $260 and saved the rest of his money. If he increased his spending by 30%, his savings would decrease by 25%. How much money did Daniel have?
|
Spent (%) |
Saved (u) |
Before |
100% $260 |
100u |
Change |
+ 30% |
- 25u |
After |
130% |
75u |
Increase in spending = Decrease in savings
30% spending =
25u savings 100% spending = 260
1% spending = 260 ÷ 100 = 2.6
30% spending = 30 x 2.6 = 78
25 u savings = 781 u savings = 78 ÷ 25 = 3.12100 u savings = 100 x 3.12 = 312 Amount that Daniel had
= 260 + 312
= $572
Answer(s): $572