Mr Shea saved $2500 in April. His monthly salary is two times the amount he saved in April. In May, he saved a certain amount of money. He spent $4200 more than the amount he saved. How much did he save in May?
Please explain in easy to understand equations. I am mathematically challenged.
salary is 2*2500 = 5000
May spending = 4200 + May savings
No idea how much he saved in May.
Something is missing.
Ha ha ha Steve!! That's about as far as I got too! It was supposed to end up $400. No idea how though.
Let's break down the information given:
1. In April, Mr. Shea saved $2500.
2. His monthly salary is two times the amount he saved in April. So, his monthly salary is 2 * $2500 = $5000.
3. In May, he saved a certain amount of money.
4. He spent $4200 more than the amount he saved.
From this information, we can form the following equation:
Amount Saved in May + $4200 = Amount Spent
Now, let's represent the amount saved in May as 'x'. Therefore, the equation becomes:
x + $4200 = Amount Spent
We know that the amount spent is equal to Mr. Shea's monthly salary, which is $5000. So, we can substitute this value into the equation:
x + $4200 = $5000
To calculate the amount saved in May, we need to isolate 'x', which represents the amount saved:
x = $5000 - $4200
Now, simplify the equation:
x = $800
Therefore, Mr. Shea saved $800 in May.
To solve this problem, let's break it down step by step.
Step 1: Identify the given information.
- Mr Shea saved $2500 in April.
- His monthly salary is two times the amount he saved in April.
- In May, he saved a certain amount of money.
- He spent $4200 more than the amount he saved in May.
Step 2: Define the variables.
Let's assign variables to the unknown quantities:
- Amount saved in May = X
Step 3: Translate the given information into equations.
From the given information, we can derive the following equations:
- Mr Shea's monthly salary is two times the amount he saved in April: Salary = 2 * $2500 = $5000.
- In May, he saved a certain amount of money: Amount saved in May = X.
- He spent $4200 more than the amount he saved in May: Spending = Amount saved in May + $4200.
Step 4: Write the equations together.
Based on the given information, we have the following equations:
- Salary = $5000
- Amount saved in May = X
- Spending = Amount saved in May + $4200
Step 5: Solve the problem.
To find out how much Mr Shea saved in May, we need to solve the equations. We know that his salary is $5000, and he saved a certain amount in May (X). But we also know that he spent $4200 more than what he saved. So, we can write the equation as follows:
Spending = X + $4200.
From the information given, we don't have enough details to determine the value of X. We need additional information to solve this problem.
If you have any more information or clarifications, please provide them, and I will be happy to assist you further.