SOLUTION: Mr. J. Dela Cruz received a check for P41,160, representing a dividend of 15% on his claim against a bank in receiver's hands. How much was his total claim?

Question 465572: Mr. J. Dela Cruz received a check for P41,160, representing a dividend of 15% on his claim against a bank in receiver's hands. How much was his total claim?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!

 

Hi,

How much was his total claim C?

 .15C = 41,160

    C = 41,160/.15 = P274,400 

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