Zane and Liam share a sum of money. Zane receives $1000. If Zane gets $300 less, the amount of money Liam gets will increase by 60%. Find the sum of money that the boys share.
| |
Zane |
Liam |
| Before |
1000 |
100% |
| Change |
- 300 |
+ 300 (+ 60%) |
| After |
|
160% |
If Zane gets $300 less, it means Liam will receive more money as they share a sum of money.
Amount that Liam gets more in percent = 60%
60% → 300
1% → 300 ÷ 60 = 5
Amount that Liam has
= 100%
= 100 x 5
= $500
Amount that the boys share
= 500 + 1000
= $1500
Answer(s): $1500
