Perry saved $130 and spent the rest of his money. If he increased his savings by 15%, his spending would decrease by 26%. How much money did Perry have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$130 |
100u |
| Change |
+ 15% |
- 26u |
| After |
115% |
74u |
Increase in savings = Decrease in spending
15% savings =
26u spending 100% savings = 130
1% savings = 130 ÷ 100 = 1.3
15% savings = 15 x 1.3 = 19.5
26 u spending = 19.51 u spending = 19.5 ÷ 26 = 0.75100 u spending = 100 x 0.75 = 75 Amount that Perry had
= 130 + 75
= $205
Answer(s): $205
