A person went shopping and spent 5/8 of his money in the first store and then spent 1/5 of the remainder in the second store. If he spent $60 in the second store, how much did he have at the start and how much did he have left?

Question

I got a 240 but I am confused as to what it means and if it's correct(???) Thank you for your help.

Answer 1

If he started with $x, then
(1/5)(3/8 x) = 60
x = 800

After the spending he had left
800(1 - 5/8 - (1/5)(3/8)) = 240

why do you ask what it means? You presumably are calculating how much was left at the end.