Lee and Tommy share a sum of money. Lee receives $500. If Lee gets $175 less, the amount of money Tommy gets will increase by 35%. Find the sum of money that the boys share.
| |
Lee |
Tommy |
| Before |
500 |
100% |
| Change |
- 175 |
+ 175 (+ 35%) |
| After |
|
135% |
If Lee gets $175 less, it means Tommy will receive more money as they share a sum of money.
Amount that Tommy gets more in percent = 35%
35% → 175
1% → 175 ÷ 35 = 5
Amount that Tommy has
= 100%
= 100 x 5
= $500
Amount that the boys share
= 500 + 500
= $1000
Answer(s): $1000
