Solution:Given as follows,
Percentage of amount deposited by Medha in a bank = 20%
Money left with her after spending 20% = Rs. 4800
We have to determine the original amount of money that Medha had.
So, let y be the amount which Medha had originally.
Now, as stated, she has deposited 20% in the bank, which can be expressed mathematically as follows,
20% of y = or .
So, after depositing in bank, the amount which remains with Medha,
Again, she spent 20% of the remaining amount,
20% of the remaining money = .
We know, the amount remaining after this expenditure is Rs. 4800.
So, we can form an equation using this information as follows,
So, the original amount of money that Medha had is found to be Rs. 7500.
Hence, the correct option is (2).