Question

A man loses 20 percent of his money.He spends 25percent of the rest and has left 528 with him .How much money he had in the beginning?

Answer 1

Answer:

Let the original amount of money be $x.  

So, After losing 20% of his money, he has (1 - 0.2) x = 0.8 x

Now, he spends 25% of this money, so we have,

0.8x × (1 - 0.25) = 528

⇨ x = 528 / 0.6

= $880