Lily has saved $ 7
<em><u>Solution:</u></em>
Given that bracelet costs $30
The bracelet Lily would like to buy costs $5 less than 5 times the amount she has saved
Cost of bracelet = $ 30
From given statement,
Cost of bracelet = 5 times the amount she has saved - 5
Let "x" be the amount saved by lily
Cost of bracelet = 5 times x - 5
Here "times" represents multiplication
30 = 5(x) - 5
30 = 5x - 5
30 + 5 = 5x
5x = 35
On dividing 35 by 5 we get 7
x = 7
Thus Lily saved $ 7
