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?

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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) About Me  (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