Jones gave his wife 40% of the money he had. And he gave each of his three sons 20% of the remaining money. Now half of the remaining money is retail expenses and the remaining Rs 12,000. Deposited in the bank. How much money did Jones have in the first place?
a) 100,000 b) 200,000 c) 300,000 d) 400,000
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8th
Maths
Comparing Quantities
Increase and Decrease in Percentage
Mr. Jones gave 40
MATHS
Mr. Jones gave 40% percent of the money he had, to his wife. He also gave 20% of the remaining amount to each of his three sons. Half of the amount now left was spent on miscellaneous items and the remaining amount of Rs. 12,000 was deposited in the bank. How much money did Mr. Jones have initially?
A .
Rs. 1,00,000
B .
Rs. 1,10,000
C .
Rs. 1,15,000
D .
Rs. 1,20,000
December 27, 2019Kamlesh Chakravarthi
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ANSWER
Let the initial amount with Mr.jones be Rs.x then,
Money given to wife=Rs.(40/100)×x=Rs.52x
Balance=Rs(x−52x)=Rs.53x
Money given to 3 sons =Rs(3×(20020×53x))=Rs.59x
Balance ⇒Rs((53x)−(259x))=Rs256x
Amount deposited in bank=Rs(21×256x)=Rs.25
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