Question. Aryan owes Fernanda $1200, which is twice what Kyro owes Fernanda. Aryan decides to pay 60% of her debt to Fernanda, and Kyro pays Fernanda 80% of her dept. If Fernanda had $300 in her savings account and adds the money she's been paid by her debtors to the savings account, calculate the total amount of money in her savings account now.
Answer. 1500
What step-by-step reasoning justifies that answer?
Reasoning: Kyro owes Fernanda half of what Aryan owes Fernanda, a total of 1 / 2 * $1200 = $600. Aryan pays 60% of her dept, which equals 60 / 100 * 1200 = $720. If Fernanda adds the amount she's been paid by Aryan to her savings account, it increases to $300 + $720 = $1020. Kyro also pays her debt by 80 / 100 * $600 = $480. When Fernanda adds the amount she's been paid by Kyro to her savings account, the total amount of money in the savings account increases to $1020 + $480 = $1500.