SOLUTION: Mr. chase had 5 times as much money in the bank as he had in the office safe. After he had taken $225 from his safe and deposited it in the bank, he had 8 times as much in the bank

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Mr. chase had 5 times as much money in the bank as he had in the office safe. After he had taken $225 from his safe and deposited it in the bank, he had 8 times as much in the bank      Log On

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Question 123001: Mr. chase had 5 times as much money in the bank as he had in the office safe. After he had taken $225 from his safe and deposited it in the bank, he had 8 times as much in the bank as in his safe. How much money had he in each place first?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
5X=B
8(X-225)=5X+225
8X-1800=5X+225
8X-5X=225+1800
3X=2025
X=2025/3
X=675 AMOUNT OF MONEY IN THE OFFICE SAFE.
5*675=3,375 ORIGINAL MONEY IN THE BANK.
PROOF
8(675-225)=5*675+225
8*450=3375+225
3600=3600