Luke and Archie share a sum of money. Luke receives $1600. If Luke gets $300 less, the amount of money Archie gets will increase by 30%. Find the sum of money that the boys share.
| |
Luke |
Archie |
| Before |
1600 |
100% |
| Change |
- 300 |
+ 300 (+ 30%) |
| After |
|
130% |
If Luke gets $300 less, it means Archie will receive more money as they share a sum of money.
Amount that Archie gets more in percent = 30%
30% → 300
1% → 300 ÷ 30 = 10
Amount that Archie has
= 100%
= 100 x 10
= $1000
Amount that the boys share
= 1000 + 1600
= $2600
Answer(s): $2600
