Math Problem Statement

Harsh receives an inheritance of a certain

amount from his grandfather. Of this he loses 32.5% in his

effort to produce a film. From the balance, a taxi driver

stole the sum of ` 1,00,000 that he used to keep in his

pocket. Of the rest, he donated 20% to a charity. Further

he purchases a flat in Ganga Apartment for ` 7.5 lakh. He

then realises that he is left with only ` 2.5 lakh cash of his

inheritance. What was the value of his inheritance?

Solution

Let Harsh's inheritance be xx rupees.

Step 1: Loss due to film production

Harsh loses 32.5% of his inheritance in his effort to produce a film. Therefore, after this loss, the remaining amount is: Remaining after film production=x0.325x=0.675x\text{Remaining after film production} = x - 0.325x = 0.675x

Step 2: Loss due to theft

A taxi driver stole ₹1,00,000 from the remaining amount. Therefore, the amount left after this theft is: Remaining after theft=0.675x1,00,000\text{Remaining after theft} = 0.675x - 1,00,000

Step 3: Donation to charity

Harsh donates 20% of the remaining amount to charity. Therefore, the donation is: Donation=0.20×(0.675x1,00,000)\text{Donation} = 0.20 \times (0.675x - 1,00,000) Thus, the amount left after the donation is: Remaining after donation=(0.675x1,00,000)0.20×(0.675x1,00,000)\text{Remaining after donation} = (0.675x - 1,00,000) - 0.20 \times (0.675x - 1,00,000) This simplifies to: Remaining after donation=0.80×(0.675x1,00,000)=0.54x80,000\text{Remaining after donation} = 0.80 \times (0.675x - 1,00,000) = 0.54x - 80,000

Step 4: Purchase of a flat

Harsh purchases a flat for ₹7,50,000. Therefore, the amount left after the purchase is: Remaining after flat purchase=(0.54x80,000)7,50,000=0.54x8,30,000\text{Remaining after flat purchase} = (0.54x - 80,000) - 7,50,000 = 0.54x - 8,30,000

Step 5: Final amount left

We are told that after all these expenses, Harsh is left with ₹2,50,000. Therefore, we can set up the equation: 0.54x8,30,000=2,50,0000.54x - 8,30,000 = 2,50,000

Step 6: Solve for xx

Now, solve for xx: 0.54x=2,50,000+8,30,0000.54x = 2,50,000 + 8,30,000 0.54x=10,80,0000.54x = 10,80,000 x=10,80,0000.54=20,00,000x = \frac{10,80,000}{0.54} = 20,00,000

Conclusion

The value of Harsh's inheritance was ₹20,00,000.

Would you like further explanation on any part of this solution? Here are some related questions:

  1. What would happen if Harsh donated 30% instead of 20% to charity?
  2. How much money did Harsh lose in total due to theft and donations combined?
  3. What is the percentage of his inheritance that Harsh spent on purchasing the flat?
  4. If Harsh had saved the ₹1,00,000 that was stolen, how much would he have left after all the expenses?
  5. What percentage of his total inheritance is Harsh left with?

Tip: Always double-check percentage calculations, as small errors can significantly impact your final answer.

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Math Problem Analysis

Mathematical Concepts

Percentage Loss
Linear Equations

Formulas

Remaining after percentage loss: x - (percentage/100) * x
Remaining after theft: previous amount - ₹1,00,000
Donation: 0.20 * (remaining amount)
Flat purchase deduction: previous amount - ₹7,50,000
Solving linear equation for final balance

Theorems

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Suitable Grade Level

Grades 9-11