A man loses 20% of his money. after spending 25% of the remainder, he has Rs 480 left. How much money did he initially have?
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Step-by-step explanation:
Let the intially=x
money loses=20% of x
20/100*x= x/5
money left=x-x/5
= 4x/5
he spend=25% of 4x/5
=x/5
money left =4x/5-x/5
=3x/5
According to the question
3x/5=480
x=480*5/3
x=950
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