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Last week, Pablo deposited a $1000 cheque from his restaurant job and spent $4000 on an electric range. What was the change in how much money Pablo had?

Question

Last week, Pablo deposited a 1000chequefromhisrestaurantjobandspent1000 cheque from his restaurant job and spent 4000 on an electric range. What was the change in how much money Pablo had?

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Solution

Step 1: Identify the amounts Pablo gained and lost. He gained 1000fromhisrestaurantjobandspent1000 from his restaurant job and spent 4000 on an electric range.

Step 2: Subtract the amount spent from the amount gained to find the change in Pablo's money.

So, 1000(gained)1000 (gained) - 4000 (spent) = -$3000

This means Pablo's money decreased by $3000.

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