A man had a certain amount with him. He spent 20% of that to buy an article and 5% of the remaining on transport. Then he gifted Rs 120 and left with Rs 1400. The amount he spent on transport is:
Answer & explanation
Correct answer: option 1
Let total amount = Rs.100
Spend on article = 20% of 100 = 20
Remaining amount = 100 - 20 = 80
Amount spend on transport = 5% of 80 = Rs.4
Remaining amount = 76
ATQ,
⇒ 76R - 120 (gift) = 1400
⇒ 76R = 1520
⇒ 1R = 20
So, amount spend on transport = 4R = 4 × 20 = Rs. 80