In one year, Leslie's savings were $250. Dana's savings were 4/5 of Leslie's savings. The next year, Dana increased her savings by 30%. Find the amount of Dana's savings the second year.

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jitumahi76 jitumahi76 · Answer 1 · 2020-01-16T13:40:54+01:00

Answer:

Dana's saving in the second year is $260.

Step-by-step explanation

Given,

Leslie's saving = $250

We have to find out Dana's saving in the second year.

Solution,

Since Leslie's saving = $250

And according to question, Dana's saving in one year is 4/5 of Leslie's savings.

So we can frame it in equation form as;

Dana's saving in one year = [tex]\frac{4}{5}\times250=\frac{1000}{5}=\$200[/tex]

Again according to question, Dana increased her savings by 30% in the second year.

Now we will find out the 30% of 200.

For removing percentile we have to divide 30 by 100 and get;

[tex]30\%\times200=\frac{30}{100}\times200=\frac{6000}{100}=60[/tex]

So Dana's saving in the second year is equal to the sum of Dana's saving in one year and 30% of one year saving.

So we can frame it in equation form as;

Dana's saving in second year = Dana's saving in one year + 30% of one year saving

Dana's saving in second year = [tex]200+60=\$260[/tex]

Hence Dana's saving in the second year is $260.