Answer:
Ryan had 10.20 dollars and Jeffery had 11.40 dollars.
Explanation:
Let Ryan have x dollars originally, then Jeffrey has x + 1.20 dollars.
From the given info:
After getting 7.50 from Ryan, Jeffrey has:
x + 1.2 + 7.5 dollars and Ryan has x - 7.50 dollars.
Jeffreys money is now is 7 times as much as Ryan's, so:
x + 8.7 = 7(x - 7.5)
x + 8.7 = 7x - 52.5
8.7 + 52.5 = 7x - x
6x = 61.2
x = 10.20 dollars.