Eric and Fred share a sum of money. Eric receives $1200. If Eric gets $400 more, the amount of money Fred gets will decrease by 40%. Find the sum of money that the boys share.
| |
Eric |
Fred |
| Before |
1200 |
100% |
| Change |
+ 400 |
400 (- 40%) |
| After |
|
60% |
If Eric gets $400 more, it means Fred will receive less money as they share a sum of money.
Amount that Fred gets less in percent = 40%
40% → 400
1% → 400 ÷ 40 = 10
Amount that Fred has
= 100%
= 100 x 10
= $1000
Amount that the boys share
= 1000 + 1200
= $2200
Answer(s): $2200
