Question

A vehicle has an insurance of 4/5 of its original value. Premium on the vehicle at the rate of 1.3% amounts to 910 rs. What is the original value of the vehicle?

Answer 1

Answer:

Step-by-step explanation:

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Answer 2

Given,

Insurance is of ⅘ of its original value.

1.3% of premium = Rs. 910

To find,

The original value of the vehicle.

Solution,

We can simply solve this mathematical problem by using the following mathematical process.

Let, the original value of vehicle = Rs. x

Insurance amount = ⅘ × x = Rs. 4x/5

According to the data mentioned in the question,

1.3% × 4x/5 = 910

13/10 × 1/100 × 4x/5 = 910

52x/5000 = 910

x = 910 × 5000/52

x = 87500

Hence, the original value of the vehicle is Rs. 87500