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Mr.Jones gave 40% of the money he had to his wife. he also gave 20% of the remaining amount to his 3 sons. half of the amount now left was spent on miscellaneous items and the remaining amount of Rs.12000 was deposited in the bank. how much money did Mr.jones have initially?
Mr.Jones gave 40% of the money he had to his wife. he also gave 20% of the remaining amount to his 3 sons. half of the amount now left was spent on miscellaneous items and the remaining amount of Rs.12000 was deposited in the bank. how much money did Mr.jones have initially?
Let the initial amount with Mr.jones be Rs.x then,
Money given to wife= Rs.(40/100)x=Rs.2x/5.Balance=Rs(x-(2x/5)=Rs.3x/5.
Money given to 3 sons= Rs(3X((20/200) X (3x/5)) = Rs.9x/5.
Balance = Rs.((3x/5) – (9x/25))=Rs.6x/25.
Amount deposited in bank= Rs(1/2 X 6x/25)=Rs.3x/25.
Therefore 3x/25=12000
x= ((12000 x 35)/3)=100000
So Mr.Jones initially had Rs.1,00,000 with him.