Dylan spent $230 and saved the rest of his money. If he increased his spending by 20%, his savings would decrease by 40%. How much money did Dylan have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$230 |
100u |
| Change |
+ 20% |
- 40u |
| After |
120% |
60u |
Increase in spending = Decrease in savings
20% spending =
40u savings 100% spending = 230
1% spending = 230 ÷ 100 = 2.3
20% spending = 20 x 2.3 = 46
40 u savings = 461 u savings = 46 ÷ 40 = 1.15100 u savings = 100 x 1.15 = 115 Amount that Dylan had
= 230 + 115
= $345
Answer(s): $345
