Question

Rosa saved 40% more this month than last month. If she saved $500 this month, how much did she save last month?

Answer 1

$375.14

Explanation:

Let m represent the amount Rosa saved last month

From the question, she saved 40% more this month than last month. The total amount saved can be represented by 1.40 ( 100 + 40%)

this equation can be developed based on the information provided

1.4 x m = $500

To find m, divide both sides of the equation by 1.4

m = $500 / 1.4

m = $357.14