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A man loses 12.5% of his money and after spending 70% of the remainder he left with Rs 210. How much did he have at first?
  • a)
    Rs 800
  • b)
    Rs 950
  • c)
    Rs 1200
  • d)
    Rs 1050
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A man loses 12.5% of his money and after spending 70% of the remainder...
Assume Pre tax = 100%

After tax:

100% - 12.5% = 87.5%

After spending 70%:

= 87.5% - (87.5% x 70%)

= 87.5% - 61.25%

= 26.25%

If 26.25% = Rs. 210 then

1% = Rs. 8

Therefore, total pretax earning Rs. 800
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Most Upvoted Answer
A man loses 12.5% of his money and after spending 70% of the remainder...
Given:

- A man loses 12.5% of his money
- He spends 70% of the remainder
- He is left with Rs 210

To find: How much money did he have at first?

Let's solve this problem step by step:

1. Finding the amount left after losing 12.5% of the money

Let's assume the initial amount of money the man had was x.

As per the question, he lost 12.5% of his money.

Therefore, the amount of money he has left after losing 12.5% of his money =

x - (12.5/100)*x

Simplifying this expression, we get:

x(1 - 0.125)

x(0.875)

0.875x

2. Finding the amount left after spending 70% of the remainder

After losing 12.5% of his money, the man is left with 0.875x amount of money.

Now, he spends 70% of the remainder.

Therefore, the amount of money he has left after spending 70% of the remainder =

0.3(0.875x)

0.2625x

3. Equating the amount left with Rs 210

As per the question, the man is left with Rs 210 after spending 70% of the remainder.

Therefore,

0.2625x = 210

x = 210/0.2625

x = 800

Hence, the man had Rs 800 at first.

Therefore, the correct answer is option A) Rs 800.
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Community Answer
A man loses 12.5% of his money and after spending 70% of the remainder...
Option a is answer
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A man loses 12.5% of his money and after spending 70% of the remainder he left with Rs210. How much did he have at first?a)Rs 800b)Rs 950c)Rs 1200d)Rs 1050Correct answer is option 'A'. Can you explain this answer?
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