Owen and Bobby share a sum of money. Owen receives $1900. If Owen gets $500 less, the amount of money Bobby gets will increase by 50%. Find the sum of money that the boys share.
| |
Owen |
Bobby |
| Before |
1900 |
100% |
| Change |
- 500 |
+ 500 (+ 50%) |
| After |
|
150% |
If Owen gets $500 less, it means Bobby will receive more money as they share a sum of money.
Amount that Bobby gets more in percent = 50%
50% → 500
1% → 500 ÷ 50 = 10
Amount that Bobby has
= 100%
= 100 x 10
= $1000
Amount that the boys share
= 1000 + 1900
= $2900
Answer(s): $2900
