Question

A student spend 92% of amount received from his parents and saves Rs. 60. Find the amount received by him?

Answer 1

Let the total amount received from parents be ' x '.

Percentage of spenditure = 92 %

Savings = ₹ 60

Spenditure = 92 % of Total Amount = 92 % of x = 92x / 100

So from the above details and the question we can form the following equation,

92x / 100 + 60 = x
x - 92x / 100 = 60
( 100x - 92x ) / 100 = 60
8x = 60 * 100
8x = 6000
x = 6000 / 8
x = ₹ 750

Therefore,

The amount received = ₹ x = ₹ 750

Answer 2

Received amount  = x

60/x  x 100 = 8

8x = 6000

x = 6000/8 = 750

Rs. 750 he received