Final answer:
Mrs. Baker has $180, which is calculated by setting up an algebraic equation based on the information given and solving for x, which represents Mr. Byrum's amount of money. Therefore correct option is C
Step-by-step explanation:
To solve the question of how much money Mrs. Baker has, we will use algebra.
Let's let x represent the amount of money that Mr. Byrum has.
According to the problem, Mrs. Baker has x + $60. Together, they have $300, so we can write the equation
x + (x + $60) = $300.
Combining like terms, we get 2x + $60 = $300. Subtracting $60 from both sides gives us 2x = $240.
Dividing both sides by 2 gives us the value of x, which is x = $120.
Now, since Mrs. Baker has $60 more than Mr. Byrum, her total amount is $120 + $60 = $180.