Ahmad's savings increased by 20% in January compared to December. In February, his savings decreased by 30% compared to January. His February savings were $840. How much did Ahmad save in December?
Show Worked Solution
Worked Solution
Step 1: February savings = 70% of January savings (a 30% decrease).
Step 2: January savings = $840 ÷ 0.70 = $1,200.
Step 3: January savings = 120% of December savings (a 20% increase).
Step 4: December savings = $1,200 ÷ 1.20 = $1,000.
Ahmad saved $1,000 in December.
Correct answer: $1,000
Want more questions like this? Superholic Lab has 10,000+ MOE-aligned questions with full worked solutions.
Start Free Trial — 7 Days Free