Zane saved $550 and spent the rest of his money. If he decreased his savings by 15%, his spending would increase by 22%. How much money did Zane have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$550 |
100u |
| Change |
- 15% |
+ 22u |
| After |
85% |
122u |
Increase in savings = Decrease in spending
15% savings =
22u spending 100% savings = 550
1% savings = 550 ÷ 100 = 5.5
15% savings = 15 x 5.5 = 82.5
22u spending = 82.51u spending = 82.5 ÷ 22 = 3.75100u spending = 100 x 3.75 = 375 Amount that Zane had
= 550 + 375
= $925
Answer(s): $925
