Neave spent $130 and saved the rest of his money. If he decreased his spending by 15%, his savings would increase by 39%. How much money did Neave have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$130 |
100u |
| Change |
- 15% |
+ 39u |
| After |
85% |
139u |
Increase in spending = Decrease in savings
15% spending =
39u savings 100% spending = 130
1% spending = 130 ÷ 100 = 1.3
15% spending = 15 x 1.3 = 19.5
39u savings = 19.51u savings = 19.5 ÷ 39 = 0.5100u savings = 100 x 0.5 = 50 Amount that Neave had
= 130 + 50
= $180
Answer(s): $180
