Peter and Jeremy share a sum of money. Peter receives $1100. If Peter gets $80 more, the amount of money Jeremy gets will decrease by 20%. Find the sum of money that the boys share.
| |
Peter |
Jeremy |
| Before |
1100 |
100% |
| Change |
+ 80 |
80 (- 20%) |
| After |
|
80% |
If Peter gets $80 more, it means Jeremy will receive less money as they share a sum of money.
Amount that Jeremy gets less in percent = 20%
20% → 80
1% → 80 ÷ 20 = 4
Amount that Jeremy has
= 100%
= 100 x 4
= $400
Amount that the boys share
= 400 + 1100
= $1500
Answer(s): $1500
