Jake had $40 more than Vick at first. Jake gave $70 to Vick. Jake now had 20% as much as Vick. How much money did Jake have at first?
initially:
Vick --- x
Jake --- x+40
after the gifting:
Vick --- x+70
Jake --- x+40 - 70 = x - 30
x-30 = .2(x+70)
solve for x, then sub into x+40