Jack and Cody share a sum of money. Jack receives $1400. If Jack gets $275 less, the amount of money Cody gets will increase by 55%. Find the sum of money that the boys share.
| |
Jack |
Cody |
| Before |
1400 |
100% |
| Change |
- 275 |
+ 275 (+ 55%) |
| After |
|
155% |
If Jack gets $275 less, it means Cody will receive more money as they share a sum of money.
Amount that Cody gets more in percent = 55%
55% → 275
1% → 275 ÷ 55 = 5
Amount that Cody has
= 100%
= 100 x 5
= $500
Amount that the boys share
= 500 + 1400
= $1900
Answer(s): $1900
