N October, Greg and Thomas had the same amount of money in their savings accounts. In November, Greg deposited $120 into his account. Thomas increased the money in his account by 20%. When they compared their balances, they found that they were still equal. How much money did each person have in his account in October?

Question

Sasha

17 November, 08:22

+1

Answers (2)

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Quentin Malone · Answer 1

X + 120 = x (1.20)

x + 120 = 1.20x

120 = 1.20x - x

120 = 0.20x

120/0.20 = x

600 = x < = = = what they had in Oct.

* * they both had 720 in Nov

Noah Crosby · Answer 2

Each person had 600 dollars in their account.