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Questions  >>  Olympiad-Math  >>  Class 5  >>  Measurements

Tim had Rs.24,000 in his savings account. He withdrew one-fifth of it in May and three-fourths of the remaining money in June. He then deposited Rs. 5,000 into the account in July. How much money did he have at the end of July?

(A) 14,400 (B) 19,400 (C) 19,200 (D) 20,400

1 Answer

Money in his account at the beginning of May $=24,000$
Money he withdrew in May (one-fifth) $= \large\frac{1}{5}$$\; \times \;24,000 = 4,800$
Money that remained after this withdrawl $ = 24,000 - 4,800 = 19,200$
Money he withdrew in June (three-fourths of the remainder) $ = \large\frac{3}{4} \;$$\times\;19,200 = 14,400$
Money he added in July $ = 5,000$.
Total money at the end of July $ = 5,000+14,400 = 19,400$
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