SOLUTION: If Lea's savings were increased by 4 times his savings, the result would be 25000 pesos. How much has he saved?

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Question 275523: If Lea's savings were increased by 4 times his savings, the result would be 25000 pesos. How much has he saved?
Answer by fwm5007(5) About Me  (Show Source):
You can put this solution on YOUR website!
Let x = Lea's current savings
and 4x would be 4 times his savings so:
Take his current savings and increase it by 4 times his savings and it will equal 25000. Solve for x.
x + 4x = 25000
5x = 25000
x = 5000
He currently has 5000 saved.