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Amit donated 20% of his income to a sch...

Amit donated 20% of his income to a school and deposit ed 20% of the remainder in his bank. If he has Rs. 12800 now, what is the income (in Rs.) of Amit ?

A

18000

B

20000

C

24000

D

32000

Text Solution

AI Generated Solution

The correct Answer is:
To find Amit's income based on the information provided, we can follow these steps: ### Step 1: Define Amit's Income Let Amit's total income be represented as \( I \). ### Step 2: Calculate the Donation Amit donated 20% of his income to the school. Therefore, the amount donated is: \[ \text{Donation} = 0.20 \times I = \frac{I}{5} \] ### Step 3: Calculate the Remainder After Donation After donating, the remaining income is: \[ \text{Remaining Income} = I - \text{Donation} = I - \frac{I}{5} = \frac{5I}{5} - \frac{I}{5} = \frac{4I}{5} \] ### Step 4: Calculate the Bank Deposit Amit then deposited 20% of the remaining income in the bank. The amount deposited in the bank is: \[ \text{Bank Deposit} = 0.20 \times \text{Remaining Income} = 0.20 \times \frac{4I}{5} = \frac{4I}{25} \] ### Step 5: Calculate the Amount Left After Bank Deposit The amount left after the bank deposit is: \[ \text{Amount Left} = \text{Remaining Income} - \text{Bank Deposit} = \frac{4I}{5} - \frac{4I}{25} \] To perform this subtraction, we need a common denominator. The common denominator for 5 and 25 is 25: \[ \frac{4I}{5} = \frac{20I}{25} \] Now we can subtract: \[ \text{Amount Left} = \frac{20I}{25} - \frac{4I}{25} = \frac{16I}{25} \] ### Step 6: Set Up the Equation According to the problem, the amount left after all donations and deposits is Rs. 12800. Therefore, we can set up the equation: \[ \frac{16I}{25} = 12800 \] ### Step 7: Solve for Amit's Income To find \( I \), we can multiply both sides of the equation by 25: \[ 16I = 12800 \times 25 \] Calculating the right side: \[ 12800 \times 25 = 320000 \] Now, divide both sides by 16: \[ I = \frac{320000}{16} = 20000 \] ### Conclusion Amit's income is Rs. 20000. ---
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