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Mr Tan bought a television set for his parents with 40% of his salary. He saved 70% of the remaining money in bank and had $162 left. How much did Mr Tan have at first?

Question

Mr Tan bought a television set for his parents with 40% of his salary. He saved 70% of the remaining money in bank and had $162 left. How much did Mr Tan have at first?

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Solution

To solve this problem, we need to follow these steps:

  1. First, we need to understand that the $162 Mr. Tan had left is 30% of his remaining salary after he bought the television set. This is because he saved 70% of the remaining money in the bank.

  2. To find out how much money Mr. Tan had left after buying the television set, we divide 162by30162 by 30% (or 0.30). This gives us 540.

  3. Now, we know that $540 is 60% of Mr. Tan's original salary because he spent 40% of his salary on the television set.

  4. To find out Mr. Tan's original salary, we divide 540by60540 by 60% (or 0.60). This gives us 900.

So, Mr. Tan had $900 at first.

This problem has been solved

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