A man loses 20% of his money and after spending 10% of the remainder, he is left with Rs. 180. How much money had he at first?
Answer & explanation
Correct answer: option 1
We know that 20% = \(\frac{1}{5}\)
& 10% = \(\frac{1}{10}\)
If loses 20% then remaining = \(\frac{4}{4}\)
If spending 10% then remaining = \(\frac{9}{10}\)
Let initial amount = Rs. x
ATQ,
x × \(\frac{4}{5}\) × \(\frac{9}{10}\) = 180
x = 250