Cole and Jeremy share a sum of money. Cole receives $1600. If Cole gets $200 more, the amount of money Jeremy gets will decrease by 25%. Find the sum of money that the boys share.
| |
Cole |
Jeremy |
| Before |
1600 |
100% |
| Change |
+ 200 |
200 (- 25%) |
| After |
|
75% |
If Cole gets $200 more, it means Jeremy will receive less money as they share a sum of money.
Amount that Jeremy gets less in percent = 25%
25% → 200
1% → 200 ÷ 25 = 8
Amount that Jeremy has
= 100%
= 100 x 8
= $800
Amount that the boys share
= 800 + 1600
= $2400
Answer(s): $2400
