£120
Initial: 120
Spent on holidays: 60
Spent on clothes: 15
Spent on presents: 30
Remainder: 15
Josh spent 1/2
Josh spent 1/4
Josh spent 2/3
Josh has £15
£15 / (1 - 2/3) = £15 * 3
£45 / (1 - 1/4) = £30 * 4/3
£60 / (1 - 1/2) = £60 * 2
The most confusing parts about this sort of question is always the english, the maths itself is trivial, even for the kids.