Question

after deducting a commission of 5% , a moped costs 15200 rupees.What is the gross value ?

Answer 1

Given :

After deducting a commission of 5%, a moped costs 15200 rupees.

To find:

What is its gross value

Solution :

let the gross value is X

commission of 5% of X = 5x/100

Given moped cost = 15200

According to the question:

=> X - 5x/100 = 15200

=> (100x - 5x)/100 = 15,200

=> 95x/100 = 15200

=> 95x = 1520000

=> X = 1520000/95

=> X = 16,000

The gross value is Rs 16000

verified --

deducting 5% of commission

= 16000x5/100 = 800

= 16000 - 800 = 15200.

Hence gross value = 16,000.