You invest all money you have in a plan 4 consecutive times. Each time your money get doubled and you spent rupees 100 on the party after the investment you are left with no money. What is the initial amount you have?
Answers
Answer:
6.25
Step-by-step explanation:
for 4consecutive time ...
Given : You invest all money you have in a plan 4 consecutive times. Each time your money get doubled and you spent rupees 100 on the party after the investment
you are left with no money.
To Find : initial amount you have
Solution:
Straight Method :
Assume initial Amount = X
Became 2X
After 1st investment and party : Left after = 2X - 100
After 2nd investment and party : 2(2X - 100) - 100 = 4X - 300
After 3rd investment and party : 2(4X -300) - 100 =8X -700
After 4th investment and party : 2(8X -700) - 100 =16X -1500
16X -1500 = 0
=> X = 1500/16 = 93.75
Started with 93.75
Verification :
Before Invest After Invest After Party
93.75 187.5 87.5
87.5 175 75
75 150 50
50 100 0
Back Ward calculation : ( No Need to assume Variable )
Amount after 4th investment = 0 + 100 = 100
Amount before 4th investment = 100/2 = 50
Amount after 3rd investment = 50 + 100 = 150
Amount before 3rd investment = 150/2 = 75
Amount after 2nd investment = 75 + 100 = 175
Amount before 2nd investment = 175/2 = 87.5
Amount after 1st investment = 87.5 + 100 = 187.5
Amount before 1st investment = 187.5 = 93.75
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