Gabriel spent $750 and saved the rest of his money. If he decreased his spending by 30%, his savings would increase by 12%. How much money did Gabriel have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$750 |
100u |
| Change |
- 30% |
+ 12u |
| After |
70% |
112u |
Increase in spending = Decrease in savings
30% spending =
12u savings 100% spending = 750
1% spending = 750 ÷ 100 = 7.5
30% spending = 30 x 7.5 = 225
12u savings = 2251u savings = 225 ÷ 12 = 18.75100u savings = 100 x 18.75 = 1875 Amount that Gabriel had
= 750 + 1875
= $2625
Answer(s): $2625
