Daniel and Andy share a sum of money. Daniel receives $500. If Daniel gets $480 less, the amount of money Andy gets will increase by 40%. Find the sum of money that the boys share.
| |
Daniel |
Andy |
| Before |
500 |
100% |
| Change |
- 480 |
+ 480 (+ 40%) |
| After |
|
140% |
If Daniel gets $480 less, it means Andy will receive more money as they share a sum of money.
Amount that Andy gets more in percent = 40%
40% → 480
1% → 480 ÷ 40 = 12
Amount that Andy has
= 100%
= 100 x 12
= $1200
Amount that the boys share
= 1200 + 500
= $1700
Answer(s): $1700
