Oscar saved $440 and spent the rest of his money. If he decreased his savings by 25%, his spending would increase by 10%. How much money did Oscar have?
| |
Spent (%) |
Saved (u) |
| Before |
100%
$440 |
100u |
| Change |
- 25% |
+ 10u |
| After |
75% |
110u |
Increase in savings = Decrease in spending
25% savings =
10u spending 100% savings = 440
1% savings = 440 ÷ 100 = 4.4
25% savings = 25 x 4.4 = 110
10u spending = 1101u spending = 110 ÷ 10 = 11100u spending = 100 x 11 = 1100 Amount that Oscar had
= 440 + 1100
= $1540
Answer(s): $1540
