Sean saved $660 and spent the rest of his money. If he increased his savings by 20%, his spending would decrease by 16%. How much money did Sean have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$660 |
100u |
| Change |
+ 20% |
- 16u |
| After |
120% |
84u |
Increase in savings = Decrease in spending
20% savings =
16u spending 100% savings = 660
1% savings = 660 ÷ 100 = 6.6
20% savings = 20 x 6.6 = 132
16 u spending = 1321 u spending = 132 ÷ 16 = 8.25100 u spending = 100 x 8.25 = 825 Amount that Sean had
= 660 + 825
= $1485
Answer(s): $1485
