Question

In one year, Leslie's savings were $250. Dana's savings were 4/5 of Leslie's savings. The next year, Dana increased her savings by 30%. Find the amount of Dana's savings the second year.

Answer 1

Dana's saving in the second year is $260.

Explanation

Given,

Leslie's saving = $250

We have to find out Dana's saving in the second year.

Solution,

Since Leslie's saving = $250

And according to question, Dana's saving in one year is 4/5 of Leslie's savings.

So we can frame it in equation form as;

Dana's saving in one year =
`(4)/(5)*250=(1000)/(5)=\$200`

Again according to question, Dana increased her savings by 30% in the second year.

Now we will find out the 30% of 200.

For removing percentile we have to divide 30 by 100 and get;

`30\%*200=(30)/(100)*200=(6000)/(100)=60`

So Dana's saving in the second year is equal to the sum of Dana's saving in one year and 30% of one year saving.

So we can frame it in equation form as;

Dana's saving in second year = Dana's saving in one year + 30% of one year saving

Dana's saving in second year =
`200+60=\$260`

Hence Dana's saving in the second year is $260.