A man gives 40% of his money to his children and 20% of the remaining to a trust. If he is stil| left with 9600, what is the amount did he originally have?
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Let the original amount of money with him be ₹100.
∵ 40% of the original money is given to children.
∴ Remaining money = ₹ 100 - ₹ 40 = ₹ 60
Money given to trust = 20% of remaining
= ₹ 20×60/100
= ₹ 12
∴ Remaining money = ₹ 60 - ₹ 12 = ₹ 48
It is given that remaining money = ₹ 9600
When remaining money is ₹48, Original money = ₹ 100
When remaining money is ₹ 1, Original money = ₹ 100/48
∴ When remaining money is ₹ 9600,Original money
= ₹ 9600×100/48 = ₹ 20,000
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