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In May, Liam and Charlie had the same amount of money in their savings accounts. In June, Liam deposited $140 into his account. Charlie said he increased

the money in his account by 5%. When they compared their balances, they found that they were still equal.



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In May let Liam and Charlie have   $ P  amount in their  savings accounts.
In June Liam deposited $ 140,  so total amount in the account = $ P + 140
           Charlie deposited 5 % of P,  ie.,  $ P + P * 5 /100

   As the total balances are still equal, it means that
            5 % of P = $ 140
             =>  P = $ 140 * 100/5 = $ 2, 800

In May they had $ 2, 800 in their accounts. 

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