Valen saved $590 and spent the rest of his money. If he decreased his savings by 15%, his spending would increase by 10%. How much money did Valen have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$590 |
100u |
| Change |
- 15% |
+ 10u |
| After |
85% |
110u |
Increase in savings = Decrease in spending
15% savings =
10u spending 100% savings = 590
1% savings = 590 ÷ 100 = 5.9
15% savings = 15 x 5.9 = 88.5
10u spending = 88.51u spending = 88.5 ÷ 10 = 8.85100u spending = 100 x 8.85 = 885 Amount that Valen had
= 590 + 885
= $1475
Answer(s): $1475
