Problema Solution
Fast Eddy saves 1/5 of all the money he wins on his bets for the week. One week, Fast Eddy is lucky enough to win 2/3 of the 60 bets he made. Each bet was for $50, how much did he put in his savings?( Don't forget he lost 1/3 of his bets )
Answer provided by our tutors
2/3 of 60 is 2*60/3 = 40 bets won or the money from the bets won is 40*50 = $2,000.
The rest of the bets 60 - 40 = 20 he lost, or he lost 20*50 = $1,000.
This means that he won 2000 - 1000 = $1000.
1/5 of 1000 is: (1/5)*1000 = $200.
Fast Eddy put $200 in his savings.