Vincent and Tommy share a sum of money. Vincent receives $1200. If Vincent gets $120 less, the amount of money Tommy gets will increase by 40%. Find the sum of money that the boys share.
| |
Vincent |
Tommy |
| Before |
1200 |
100% |
| Change |
- 120 |
+ 120 (+ 40%) |
| After |
|
140% |
If Vincent gets $120 less, it means Tommy will receive more money as they share a sum of money.
Amount that Tommy gets more in percent = 40%
40% → 120
1% → 120 ÷ 40 = 3
Amount that Tommy has
= 100%
= 100 x 3
= $300
Amount that the boys share
= 300 + 1200
= $1500
Answer(s): $1500
