FRACTION PROB #2

@hennars (250)
United Arab Emirates
November 9, 2006 12:10am CST
2)Jack & jill each had $100.their father made them the following offers: - For Jack , he offered to pay him 5% of what he had, then take away 5% of the total. -For Jill, he offered to take 5% of what she had, the give her 55 of the amount left with her. Should either of them accept the offer?
1 response
@ilse72 (1450)
• United States
9 Nov 06
No...they'd both lose money if you have the problem state correctly. I am not sure what you meant by "give her 55 of the amount left with her". My answer is based on her dad giving her only $55 of the total amount she started with...since that seems to be the way it is written. If Jack starts with $100 and dad give him 5% more...that = $105. Now dad wants to take back 5% of that total...which is $25 so Jack would end up with $80. Total loss, $25. For Jill, he wants to take 5% of her $100, that would leave her with $95 but he only wants to give her a total of $55 so she would end up with only that. Total loss, $45. So, both would be wise to take the initial $100 and run like the wind away from their father's wheeling and dealing!
@ilse72 (1450)
• United States
10 Nov 06
I did do the math wrong on the first one...it would not be minus $25 for the 5% it would be $5.25 (it was late and I got some numbers mixed up) so Jack would end up with $99.75. Second answer still depends on whether or not I interpreted what you had written correctly. Does dad only want to give her $55?