A man loses 25% of his money and after spending 15% of the remainder, he is left with Rs. 255. How much money had he at first?
Answer & explanation
Correct answer: option 2
We know that 25% = \(\frac{1}{4}\)
& 15% = \(\frac{3}{20}\)
If loses 25% then remaining = \(\frac{3}{4}\)
If spending 15% then remaining = \(\frac{17}{20}\)
Let initial amount = Rs. x
ATQ,
x × \(\frac{3}{4}\) × \(\frac{17}{20}\) = 255
x = 400