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After spending 40% in machinery, 25% in building, 15% in raw material and 5% on furniture, Harilal had a balance of Rs.52200. The money with him was _______.

A

Rs. 260000

B

Rs. 289000

C

Rs.348000

D

Rs. 556000

Text Solution

AI Generated Solution

The correct Answer is:
To find out how much money Harilal initially had, we can set up the problem step by step. ### Step 1: Define the total amount of money Let the total amount of money Harilal had be represented as \( X \). ### Step 2: Calculate the total percentage spent Harilal spent the following percentages of his total money: - 40% on machinery - 25% on building - 15% on raw materials - 5% on furniture Adding these percentages together: \[ 40\% + 25\% + 15\% + 5\% = 85\% \] This means Harilal spent 85% of his total money. ### Step 3: Calculate the remaining percentage Since he spent 85%, the remaining percentage of his money is: \[ 100\% - 85\% = 15\% \] ### Step 4: Set up the equation According to the problem, after spending, Harilal had a balance of Rs. 52,200, which represents the remaining 15% of his total money: \[ 0.15X = 52200 \] ### Step 5: Solve for \( X \) To find \( X \), we can rearrange the equation: \[ X = \frac{52200}{0.15} \] Calculating this gives: \[ X = 52200 \div 0.15 \] \[ X = 52200 \times \frac{100}{15} = 52200 \times \frac{20}{3} = 348000 \] ### Step 6: Conclusion Thus, the total amount of money Harilal initially had is: \[ \boxed{348000} \] ---
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