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Percentages, SM-Bank 074

Lucia is saving her money to buy a jet ski.

After 3 months, she had saved 40% of the cost of the jet ski.

After 5 months, she had saved another $1200 and now had 60% of the cost of the jet ski.

How much does the jet ski cost?  (2 marks)

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\($6000\)

Show Worked Solution
\(60\%-40\%\) \(= $1200\)
\(\therefore 20\%\) \(= $1200\)
\(\therefore\ 1\%\) \(= $60\)

 

\(\therefore\ \text{The cost of the jet ski}\) \(= 100\times 60= $6000\)

Filed Under: Percentages Tagged With: num-title-ct-core, smc-4462-40-Word problems percentages, smc-4462-50-Unitary method percentages

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