so he gave away 60%, leaving him with 40%
.4x = 9600
solve for x
.4x = 9600
solve for x
Let's assume the man initially had X amount of money.
From the given information, we know that the man gives 40% of his money to his children. This means that he has (100% - 40%) = 60% of his money remaining.
Therefore, the remaining amount after giving money to his children is 60% of X, which is 0.6X.
Next, we are told that he gives 20% of the remaining amount to a trust. This means he has (100% - 20%) = 80% of the remaining amount left.
Therefore, the amount of money he has after giving money to his children and the trust is 80% of 0.6X, which is (0.8 * 0.6X) = 0.48X.
According to the given information, the man is still left with Rs. 9600, which is equal to 0.48X.
So, we can set up the equation: 0.48X = 9600.
To find X, we can solve for X by dividing both sides of the equation by 0.48: X = 9600 / 0.48 = Rs. 20,000.
Therefore, the man originally had Rs. 20,000.