SOLUTION: Fred found two dollars. He now has five times as much money as he would have had if he lost two dollars. How many dollars did Fred have originally? I also need a formula for thi

Question 818120: Fred found two dollars. He now has five times as much money as he would have had if he lost two dollars. How many dollars did Fred have originally?
I also need a formula for this problem. Thank you!
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Fred found two dollars. He now has five times as much money as he would have had if he lost two dollars. How many dollars did Fred have originally?
----------------------
Let his original amount be "x".
Equation:
x+2 = 5(x-2)
x+2 = 5x-10
4x = 12
x = 3 dollars
-------------------
Cheers,
Stan H.
---------------
RELATED QUESTIONS
If Sue had three dollars more, she would have three times as much as Ken has. If Sue had... (answered by josgarithmetic)

Here is the word problem I am having complications solving: "Jeremy has 24 quarters and... (answered by ankor@dixie-net.com)

Last week Fred had 47 dollars. He washed cars over the weekend and now has 50 dollars.... (answered by Edwin McCravy)

Huey has four dollars more than two times as many dollars as Louie. Dewey has four fewer... (answered by addingup,MathTherapy,josgarithmetic,greenestamps)

A man had dollar bills and 5 cent coins,he spent 1/3 of his money and had < $50 left,he... (answered by ankor@dixie-net.com)

Ed has 100 dollars more than Robert. After Ed spends 20 dollars on groceries, Ed has 5... (answered by ptaylor)

Last week Jason had thirty dollars. He washed cars over the weekend and now has seventy... (answered by addingup)

Ryan has three times as many quarters as nickels. If Ryan had thirty-one more nickels and (answered by mananth)

If I give my brother $5$ dollars, then we will have the same amount of money. If instead (answered by math_tutor2020,ikleyn)