Question

The price of a car is 3,25,000. It was insured to 80% of the price. The car was damaged completely in an accident and the insurance company paid 90% of the insurance. What was the difference between the price of the car and the amount received?​

Answer 1

91,000

Step-by-step explanation:

price of car = 3,25,000

insured price = 3,25,000*80/100 = 2,60,000

paid insurance by company

= 2,60,000*90/100 = 2,34,000

price of car- amount received

=3,25,000 -2,34,000 = 91,000