Owen saved $570 and spent the rest of his money. If he increased his savings by 40%, his spending would decrease by 10%. How much money did Owen have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$570 |
100u |
| Change |
+ 40% |
- 10u |
| After |
140% |
90u |
Increase in savings = Decrease in spending
40% savings =
10u spending 100% savings = 570
1% savings = 570 ÷ 100 = 5.7
40% savings = 40 x 5.7 = 228
10 u spending = 2281 u spending = 228 ÷ 10 = 22.8100 u spending = 100 x 22.8 = 2280 Amount that Owen had
= 570 + 2280
= $2850
Answer(s): $2850
