Krishnaiah gave 30% of his retirement benefits to his wife. From the remaining amount he distributed 20% each to his 2 children. From the remaining, 50% of the amount he donated to a school. If the final balance left with him is Rs. 42,000, what was his total amount of retirement benefits?
Krishnaiah gave 30% of his retirement benefits to his wife. From the remaining amount he distributed 20% each to his 2 children. From the remaining, 50% of the amount he donated to a school. If the final balance left with him is Rs. 42,000, what was his total amount of retirement benefits? Correct Answer Rs. 2,00,000
Given:
Gave 30% of his retirement benefits to his wife
From the remaining amount 20% each to his 2 children
From the remaining, 50% of the amount he donated to a school
The final balance left with him is Rs. 42,000
Calculation:
Let R be the retirement benefits got
Remaining after gave 30% of his retirement benefits to his wife = 70% of R
Remaining after gave 2 children = 60% of (70% of R)
Remaining after gave to the school = 50% of (60% of (70% of R))
⇒ R × (7/10) × (3/5) × (1/2) = 42000
∴ R = 2,00,000