16. A gambler has originally a certain amount of money in his pocket. He enters 3 gambling houses where he always wins every time he bets his remaining money after paying an entrance fee of P10. The exit fee is P30. After exiting the third gambling house, he notices he has no more money. How much did he have originally? Assume his money is doubled every time he bets. A. P23.75 B. P33.75 C. P43.75 D. P53.75

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