SOLUTION: Hi Jason spends 1/5 of his allowance on a CD. He used half of the remainder to buy a gift for his sister. Total cost is $35.30. How much is the CD. Thanks

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: Hi Jason spends 1/5 of his allowance on a CD. He used half of the remainder to buy a gift for his sister. Total cost is $35.30. How much is the CD. Thanks       Log On

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Question 1195417: Hi
Jason spends 1/5 of his allowance on a CD. He used half of the remainder to buy a gift for his sister. Total cost is $35.30.
How much is the CD.
Thanks

Answer by josgarithmetic(39620) About Me  (Show Source):
You can put this solution on YOUR website!
Jason started with M amount of money.
First spent for the CD, M%2F5.
His remaining amount of money, 4M%2F5.
Last spent 2M%2F5 for gift to sister.

Expression for total cost, M%2F5%2B2M%2F5=3M%2F5;
this total cost was $35.30.

Easy enough to find M, if wanted;
3M%2F5=35.3
while the question means, find M%2F5.

3M%2F5=35.3
M%2F5=35.3%2F3
M%2F5=highlight%2811.77%29.