232k views
1 vote
Amy loaned $5 to each of 20 people. She recorded each loan by writing -5$in her bank book. What is the total change in the amount of money Amy had before the loans?

2 Answers

4 votes

Answer:

$-100

Explanation:

User Brad Grissom
by
7.8k points
1 vote

Answer: The change in the amount is -100.

Explanation:

Let x be the original amount Amy had,

Since, She loaned $5 to each of 20 people.

⇒ Total loan she gave = 5 × 20 = $ 100

Thus, her final amount = Original amount - The amount of loan she gave

= x - 100,

Hence, the total change in the amount = Final amount - Original amount

= x - 100 - x

= -100

The change in the amount is -100.

User PepeHands
by
8.4k points