Question 115

A man gives 50% of his money to his son and 30% to his daughter. 80% of the rest he has donated to a trust. If he is left with ₹16,000 now, how much money did he have in the beginning ?

Solution

Man gives 50% to his son and 30% to his daughter. Now, he is left with 20%.

He donated 80% of this remaining amount(20%) to a trust. Remaining amount is,

20 % of 20 % = 1/25

This is equal to 16,000

1/25 x = 16,000

x = 4,00,000

Hence, option B is the correct answer.

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