Cody and Liam share a sum of money. Cody receives $1200. If Cody gets $250 less, the amount of money Liam gets will increase by 50%. Find the sum of money that the boys share.
|
Cody |
Liam |
Before |
1200 |
100% |
Change |
- 250 |
+ 250 (+ 50%) |
After |
|
150% |
If Cody gets $250 less, it means Liam will receive more money as they share a sum of money.
Amount that Liam gets more in percent = 50%
50% → 250
1% → 250 ÷ 50 = 5
Amount that Liam has
= 100%
= 100 x 5
= $500
Amount that the boys share
= 500 + 1200
= $1700
Answer(s): $1700