Sean saved $480 and spent the rest of his money. If he increased his savings by 25%, his spending would decrease by 10%. How much money did Sean have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$480 |
100u |
| Change |
+ 25% |
- 10u |
| After |
125% |
90u |
Increase in savings = Decrease in spending
25% savings =
10u spending 100% savings = 480
1% savings = 480 ÷ 100 = 4.8
25% savings = 25 x 4.8 = 120
10 u spending = 1201 u spending = 120 ÷ 10 = 12100 u spending = 100 x 12 = 1200 Amount that Sean had
= 480 + 1200
= $1680
Answer(s): $1680
