Valen spent $420 and saved the rest of his money. If he decreased his spending by 15%, his savings would increase by 36%. How much money did Valen have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$420 |
100u |
| Change |
- 15% |
+ 36u |
| After |
85% |
136u |
Increase in spending = Decrease in savings
15% spending =
36u savings 100% spending = 420
1% spending = 420 ÷ 100 = 4.2
15% spending = 15 x 4.2 = 63
36u savings = 631u savings = 63 ÷ 36 = 1.75100u savings = 100 x 1.75 = 175 Amount that Valen had
= 420 + 175
= $595
Answer(s): $595
