John and Vincent share a sum of money. John receives $200. If John gets $60 less, the amount of money Vincent gets will increase by 20%. Find the sum of money that the boys share.
| |
John |
Vincent |
| Before |
200 |
100% |
| Change |
- 60 |
+ 60 (+ 20%) |
| After |
|
120% |
If John gets $60 less, it means Vincent will receive more money as they share a sum of money.
Amount that Vincent gets more in percent = 20%
20% → 60
1% → 60 ÷ 20 = 3
Amount that Vincent has
= 100%
= 100 x 3
= $300
Amount that the boys share
= 300 + 200
= $500
Answer(s): $500
