Owen spent $920 and saved the rest of his money. If he decreased his spending by 10%, his savings would increase by 40%. How much money did Owen have?
|
Spent (%) |
Saved (u) |
Before |
100% $920 |
100u |
Change |
- 10% |
+ 40u |
After |
90% |
140u |
Increase in spending = Decrease in savings
10% spending =
40u savings 100% spending = 920
1% spending = 920 ÷ 100 = 9.2
10% spending = 10 x 9.2 = 92
40u savings = 921u savings = 92 ÷ 40 = 2.3100u savings = 100 x 2.3 = 230 Amount that Owen had
= 920 + 230
= $1150
Answer(s): $1150