Cole spent $960 and saved the rest of his money. If he increased his spending by 30%, his savings would decrease by 15%. How much money did Cole have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$960 |
100u |
| Change |
+ 30% |
- 15u |
| After |
130% |
85u |
Increase in spending = Decrease in savings
30% spending =
15u savings 100% spending = 960
1% spending = 960 ÷ 100 = 9.6
30% spending = 30 x 9.6 = 288
15 u savings = 2881 u savings = 288 ÷ 15 = 19.2100 u savings = 100 x 19.2 = 1920 Amount that Cole had
= 960 + 1920
= $2880
Answer(s): $2880
