David G. answered 02/19/18
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Analytics Professional, B.A. in Statistics, Flexible Tutor
Let's break this problem down as simply as possible. The student's original amount of money is M. If he loses 2/5 of his money, he lost (2/5)*M. If he finds 3/5 of the original amount, he found 3/5 of 2/5 of M, or (3/5)*(2/5)*M. Let's restate his financial history using algebra:
- original amount MINUS amount lost PLUS amount found EQUALS 252
- M - (2/5)*M + (3/5)*(2/5)*M = 252 : (restated as algebra equation)
- M - (2/5)*M + (6/25)*M = 252 : (solve for (3/5)*(2/5))
- (25/25)*M - (10/25)*M + (6/25)*M = 252 : (restate all terms as 25ths so that they're easier to add)
- ((25 - 10 + 6)/25)*M = 252 : (add the 25ths terms together)
- (21/25)*M = 252 : (addition)
- (21/25)*M*(25/21) = 252*(25/21) : (multiply both sides by 25/21)
- M = 252*(25/21) : (simplify the left side)
- M = 300 : (simplify the right side)
Thus, we deduce that the student originally had 300. We can verify this answer using the following logic:
- Student originally had 300
- Student lost 2/5 of his original 300, or 120
- Student found 3/5 of the 120 he lost, or 72
- 300 - 120 + 72 = 252