Warren saved $990 and spent the rest of his money. If he decreased his savings by 20%, his spending would increase by 24%. How much money did Warren have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$990 |
100u |
| Change |
- 20% |
+ 24u |
| After |
80% |
124u |
Increase in savings = Decrease in spending
20% savings =
24u spending 100% savings = 990
1% savings = 990 ÷ 100 = 9.9
20% savings = 20 x 9.9 = 198
24u spending = 1981u spending = 198 ÷ 24 = 8.25100u spending = 100 x 8.25 = 825 Amount that Warren had
= 990 + 825
= $1815
Answer(s): $1815
