Michael, David and Liam shared a sum of money. Michael and David received 80% of the total amount of money. David and Liam received 50% of the total amount of money. Given that Michael received $27 more than Liam, how much was the sum of money that was shared by Michael and Liam?
Michael |
David |
Liam |
Total |
4x2 |
1x2 |
5x2 |
1x5 |
1x5 |
2x5 |
5 u |
3 u |
2 u |
10 u |
80% =
80100 =
45 50% =
50100 =
12 The total amount of money that Michael, David and Liam shared is repeated. Make the total amount of money the same. LCM of 5 and 2 is 10.
Amount that Michael received more than Liam
= 5 u - 2 u
= 3 u
3 u = 27
1 u = 27 ÷ 3 = 9
Amount that Michael and Liam shared
= 5 u + 2 u
= 7 u
= 7 x 9
= $63
Answer(s): $63