10% of Caden's savings was $30 more than 30% of Jeremy's savings. After Caden spent
23 of his savings and Jeremy spent 40% of his savings, Caden had $160 more than Jeremy. How much was Caden's saving at first?
|
Jeremy |
Caden |
Before |
10 u |
30 u + 300 |
Change |
- 4 u |
- 20 u - 200 |
After |
6 u |
10 u + 100 |
Comparing Jeremy and Caden in the end |
|
160 more |
10% =
10100 =
110 30% =
30100 =
310 110 Caden =
310 Jeremy + 30
Make the numerators the same. LCM of 1 and 3 is 3.
1x310x3 Caden =
3x110x1 Jeremy + 30
330 Caden =
310 Jeremy + 30
Simplify the fractions.
130 Caden =
110 Jeremy + 10
Let
110 Jeremy be
1 u.
Jeremy's savings at first = 10 u
130 Caden =
110 Jeremy + 10
Let
130 Caden be
1 u + 10.
Caden's savings at first
= 30 x (1 u + 10)
= 30 u + 300
Savings that Jeremy spent
= 40% x 10 u
=
40100 x 10 u
= 4 u
Savings that Caden spent
=
23 x (30 u + 300)
= 20 u + 200
Caden had $160 more than Jeremy in the end. If another $160 was given to Jeremy, the amount that each had in the end would be the same.
10 u + 100 = 6 u + 160
10 u - 6 u = 160 - 100
4 u = 60
1 u = 60 ÷ 4 = 15
Savings that Caden had at first
= 30 u + 300
= 30 x 15 + 300
= 450 + 300
= $750
Answer(s): $750