SOLUTION: Michael spent 20% of his money and then gave 60% of what he had left to her sister. He then had only $32 left, How much money did he had at first?

Algebra ->  Equations -> SOLUTION: Michael spent 20% of his money and then gave 60% of what he had left to her sister. He then had only $32 left, How much money did he had at first?      Log On


   

Question 171172: Michael spent 20% of his money and then gave 60% of what he had left to her sister. He then had only $32 left, How much money did he had at first?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Michael spent 20% of his money and then gave 60% of what he had left to her sister. He then had only $32 left, How much money did he had at first?
--------------------
Let first amount be "x".
EQUATION:
x*(1-0.20)(1-0.60) = 32
x*0.8*0.4 = 32
x*0.32 = 32
x = 32/0.32
x = $100.00
=================
Cheers,
Stan H.