Bob's Savings: Solving the Unknown Value Problem

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SUMMARY

Bob's savings problem involves determining the current amount he has saved, represented as $x$. The equation derived from the problem states that if Bob had $150 more, he would have five times his current savings. This leads to the equation $x + 150 = 5x$. Solving this equation reveals that Bob currently has $30 saved in his account.

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If Bob had $150 more in his savings account, he would have five times as much saved as he currently has in this account. How much does Bob currently have saved?
 
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Re: Having some troubles.

Suppose currently Bob has $x$ dollars in his saving account. Write the following quantities using $x$.

  1. \$150 more than what Bob currently has in his saving account.
  2. Five times as much as Bob currently has in his saving account.

Then equate 1 and 2 and get an equation in $x$.
 
Hi lmae. I've edited the title of your thread to more accurately reflect the nature of the problem. In future, please try to do the same. Thanks. :)
 

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