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    Question

    A businessman earned Rs. 50,000 profit. He invested 30% of

    this profit in stocks, donated 10% of the remaining to charity, and spent 15% of the rest on a party. How much of his profit is left unspent?
    A 25028 Correct Answer Incorrect Answer
    B 26320 Correct Answer Incorrect Answer
    C 27530 Correct Answer Incorrect Answer
    D 26775 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Money invested in stocks = 0.30 × 50000 = Rs. 15,000

    Amount left = 50000 – 15000 = Rs. 35,000

    Money donated to charity = 0.10 × 35000 = Rs. 3,500

    Money left = 35000 – 3500 = Rs. 31,500

    Money spent on party = 0.15 × 31500 = Rs. 4,725

    So, the profit left unspent = 31500 – 4725 = Rs. 26,775

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