after incurring a loss 25% a man had ₹ 18000 left with him .what was the amount of money he originally had?
Answers
Sum left with the man = 18000
Loss = 25%
Let he had x money with him
He lost 25% and left with = (100 - 25) = 75% only
So, 75% of x = 18000
75/100 x = 18000
75x = 1800000
x = 1800000/75
x = 24000
Initial amount he had with him was = 24000 rupees
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STEP 1: Form the equation:
Percentage after a loss of 25% = 100 - 25 = 75%
Amount of money left after the loss = ₹18000
75% = ₹18000
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STEP 2: Find the original amount:
1% = 18000 ÷ 75 = ₹240
100% = 240 x 100 = ₹24,000
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Answer: The man originally had ₹24,000
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