Luis and Carl share a sum of money. Luis receives $200. If Luis gets $100 more, the amount of money Carl gets will decrease by 20%. Find the sum of money that the boys share.
| |
Luis |
Carl |
| Before |
200 |
100% |
| Change |
+ 100 |
100 (- 20%) |
| After |
|
80% |
If Luis gets $100 more, it means Carl will receive less money as they share a sum of money.
Amount that Carl gets less in percent = 20%
20% → 100
1% → 100 ÷ 20 = 5
Amount that Carl has
= 100%
= 100 x 5
= $500
Amount that the boys share
= 500 + 200
= $700
Answer(s): $700
