Ahmad spent $330 and saved the rest of his money. If he increased his spending by 20%, his savings would decrease by 24%. How much money did Ahmad have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$330 |
100u |
| Change |
+ 20% |
- 24u |
| After |
120% |
76u |
Increase in spending = Decrease in savings
20% spending =
24u savings 100% spending = 330
1% spending = 330 ÷ 100 = 3.3
20% spending = 20 x 3.3 = 66
24 u savings = 661 u savings = 66 ÷ 24 = 2.75100 u savings = 100 x 2.75 = 275 Amount that Ahmad had
= 330 + 275
= $605
Answer(s): $605
