Charlie spent $560 and saved the rest of his money. If he increased his spending by 35%, his savings would decrease by 16%. How much money did Charlie have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$560 |
100u |
| Change |
+ 35% |
- 16u |
| After |
135% |
84u |
Increase in spending = Decrease in savings
35% spending =
16u savings 100% spending = 560
1% spending = 560 ÷ 100 = 5.6
35% spending = 35 x 5.6 = 196
16 u savings = 1961 u savings = 196 ÷ 16 = 12.25100 u savings = 100 x 12.25 = 1225 Amount that Charlie had
= 560 + 1225
= $1785
Answer(s): $1785
