Tim spent $290 and saved the rest of his money. If he increased his spending by 35%, his savings would decrease by 14%. How much money did Tim have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$290 |
100u |
| Change |
+ 35% |
- 14u |
| After |
135% |
86u |
Increase in spending = Decrease in savings
35% spending =
14u savings 100% spending = 290
1% spending = 290 ÷ 100 = 2.9
35% spending = 35 x 2.9 = 101.5
14 u savings = 101.51 u savings = 101.5 ÷ 14 = 7.25100 u savings = 100 x 7.25 = 725 Amount that Tim had
= 290 + 725
= $1015
Answer(s): $1015
