Tim and Cody share a sum of money. Tim receives $1600. If Tim gets $400 less, the amount of money Cody gets will increase by 50%. Find the sum of money that the boys share.
| |
Tim |
Cody |
| Before |
1600 |
100% |
| Change |
- 400 |
+ 400 (+ 50%) |
| After |
|
150% |
If Tim gets $400 less, it means Cody will receive more money as they share a sum of money.
Amount that Cody gets more in percent = 50%
50% → 400
1% → 400 ÷ 50 = 8
Amount that Cody has
= 100%
= 100 x 8
= $800
Amount that the boys share
= 800 + 1600
= $2400
Answer(s): $2400
