To solve the problem, let’s define the amount of money Bill has as B dollars. Since Hanes has half as much as Bill, we can express Hanes’ amount as H = 0.5B.
According to the problem, together they have 60 dollars. We can write this relationship with the equation:
B + H = 60
Substituting H with 0.5B, we get:
B + 0.5B = 60
This simplifies to:
1.5B = 60
To find B, divide both sides by 1.5:
B = 60 / 1.5
B = 40
Now that we know Bill has 40 dollars, we can find out how much Hanes has:
H = 0.5B = 0.5 * 40 = 20
Therefore, Hanes has 20 dollars.