A man spend $$7\frac{1}{2}$$% of his money and after spending 75% of the remaining he had Rs. 370 left. How much money did he have :

A. 1200

B. 1600

C. 1500

D. 1400

Answer: Option B

Solution(By Examveda Team)

Let the 100unit is the salary of the person
After spending 7.5% of his salary remain salary 92.5 Now again he spended 75% of 92.5 and remain 25% which have value Rs. 370
According to the question,
92.5 × 25% unit = 370
92.5 × $$\frac{1}{4}$$ unit = 370
1 unit = $$\frac{370 × 4}{92.5}$$
100 unit = $$\frac{370 × 4 × 100}{92.5}$$
              = Rs. 1600