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A man gives 50% of his money to his son and 30% to his daughter. 80% of the rest is donated to a trust. If he is left with Rs. 16,000 now, how much money did he have in the beginning?
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- Rs. 40,000
- Rs. 8,00,000
- Rs. 80,000
- Rs. 4,00,000
Correct Option: D
Amount with man in the beginning = Rs. x (let).
Amount given to son and daughter = 80%.
Remaining amount
= 20% of x = Rs. | 5 |
Remaining amount after donations to trust
= | × | = Rs. | ||||
5 | 100 | 25 |
∴ | = 16000 | 25 |
⇒ x = 16000 × 25 = Rs. 400000