Question

A man loses 20 percent of his money . After spending 25 percent of the remainder he is left with RS 480 . How much did he originally have?

Answer 1

the % of money left=100-20-25
                             =55%
55% of his money=480 i.e. x*55/100=480
55x=48000
x=872.72..

Answer 2

total percent =100
expenditures=20%+25%=45%
100-45=55%
x*55/100=480
55x=48000
x=872.7