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A person opens a tea shop with an initia...

A person opens a tea shop with an initial investment of `Rs. 25000`. He spend `30%` of his money in furnishing his shop and `20%` in bringing other necessary accessories. How many money is he left with for purchasing inventory for his business ?

A

Rs. 12500

B

Rs. 20000

C

Rs. 12000

D

Rs. 5000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate how much money the person has left after spending on furnishing and accessories. ### Step 1: Calculate the amount spent on furnishing the shop. The person spends 30% of his initial investment of Rs. 25,000 on furnishing. \[ \text{Amount spent on furnishing} = 30\% \text{ of } 25000 = \frac{30}{100} \times 25000 = 7500 \] ### Step 2: Calculate the amount spent on accessories. The person spends 20% of his initial investment on bringing other necessary accessories. \[ \text{Amount spent on accessories} = 20\% \text{ of } 25000 = \frac{20}{100} \times 25000 = 5000 \] ### Step 3: Calculate the total amount spent. Now, we will add the amounts spent on furnishing and accessories to find the total expenditure. \[ \text{Total amount spent} = \text{Amount spent on furnishing} + \text{Amount spent on accessories} \] \[ \text{Total amount spent} = 7500 + 5000 = 12500 \] ### Step 4: Calculate the remaining amount for inventory. Now, we will subtract the total amount spent from the initial investment to find out how much money is left for purchasing inventory. \[ \text{Remaining amount} = \text{Initial investment} - \text{Total amount spent} \] \[ \text{Remaining amount} = 25000 - 12500 = 12500 \] ### Final Answer: The person is left with Rs. 12,500 for purchasing inventory for his business. ---
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