Debtor & Creditor
Algebra
Level
pending
A debtor can pay 87 cent in the dollar but if his creditor would take 20% off his debts, he could pay them & have 42 dollars left. His debts & assets respectively are
600, 522
650, 530
600, 542
600, 500
This section requires Javascript.
You are seeing this because something didn't load right. We suggest you, (a) try
refreshing the page, (b) enabling javascript if it is disabled on your browser and,
finally, (c)
loading the
non-javascript version of this page
. We're sorry about the hassle.
1 solution
Let total debt =x, Asset with him = 87x/100
after paying 20% of the debt,
he is left with 80% of the debt + $42
80% of x + 42 = 87x/100
x = 600
So debt = 600
Assets = 87*600/100 = 522