Mark and Jeremy share a sum of money. Mark receives $300. If Mark gets $140 less, the amount of money Jeremy gets will increase by 35%. Find the sum of money that the boys share.
| |
Mark |
Jeremy |
| Before |
300 |
100% |
| Change |
- 140 |
+ 140 (+ 35%) |
| After |
|
135% |
If Mark gets $140 less, it means Jeremy will receive more money as they share a sum of money.
Amount that Jeremy gets more in percent = 35%
35% → 140
1% → 140 ÷ 35 = 4
Amount that Jeremy has
= 100%
= 100 x 4
= $400
Amount that the boys share
= 400 + 300
= $700
Answer(s): $700
