Zane saved $340 and spent the rest of his money. If he increased his savings by 20%, his spending would decrease by 34%. How much money did Zane have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$340 |
100u |
| Change |
+ 20% |
- 34u |
| After |
120% |
66u |
Increase in savings = Decrease in spending
20% savings =
34u spending 100% savings = 340
1% savings = 340 ÷ 100 = 3.4
20% savings = 20 x 3.4 = 68
34 u spending = 681 u spending = 68 ÷ 34 = 2100 u spending = 100 x 2 = 200 Amount that Zane had
= 340 + 200
= $540
Answer(s): $540
