Answer:
$58.33
Step-by-step explanation:
From the question;
If you spent $7.00 of the savings which is 12% of the savings, then we can determine the savings you had.
We need to know that the total savings is 100%
Therefore;
If $7.00 = 12%
Then;
The total savings will be given by;
= ($7.00 × 100%) ÷ 12%
= $58.33
Therefore, the amount of savings you had is $58.33
