Reggie and Nick share a sum of money. Reggie receives $400. If Reggie gets $150 less, the amount of money Nick gets will increase by 30%. Find the sum of money that the boys share.
| |
Reggie |
Nick |
| Before |
400 |
100% |
| Change |
- 150 |
+ 150 (+ 30%) |
| After |
|
130% |
If Reggie gets $150 less, it means Nick will receive more money as they share a sum of money.
Amount that Nick gets more in percent = 30%
30% → 150
1% → 150 ÷ 30 = 5
Amount that Nick has
= 100%
= 100 x 5
= $500
Amount that the boys share
= 500 + 400
= $900
Answer(s): $900
