Japheth saved $900 and spent the rest of his money. If he decreased his savings by 40%, his spending would increase by 20%. How much money did Japheth have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$900 |
100u |
| Change |
- 40% |
+ 20u |
| After |
60% |
120u |
Increase in savings = Decrease in spending
40% savings =
20u spending 100% savings = 900
1% savings = 900 ÷ 100 = 9
40% savings = 40 x 9 = 360
20u spending = 3601u spending = 360 ÷ 20 = 18100u spending = 100 x 18 = 1800 Amount that Japheth had
= 900 + 1800
= $2700
Answer(s): $2700
