Glen spent $360 and saved the rest of his money. If he decreased his spending by 15%, his savings would increase by 18%. How much money did Glen have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$360 |
100u |
| Change |
- 15% |
+ 18u |
| After |
85% |
118u |
Increase in spending = Decrease in savings
15% spending =
18u savings 100% spending = 360
1% spending = 360 ÷ 100 = 3.6
15% spending = 15 x 3.6 = 54
18u savings = 541u savings = 54 ÷ 18 = 3100u savings = 100 x 3 = 300 Amount that Glen had
= 360 + 300
= $660
Answer(s): $660
