Question 20 of 45intermediate🔧 ApplyNumerical3 marks
Samson bought a car for ₹4,40,000 after getting a 15% discount from the car dealer. What was the original price of the car?
Correct Answer
Given: Price paid = ₹4,40,000 Discount = 15%
Formula: If 15% discount was given, Samson paid 85% of the original price.
Calculation: 85% of Original Price = ₹4,40,000 Original Price = 4,40,000/0.85 = ₹5,17,647
Answer: Original Price = ₹5,17,647 (approximately)
Exercise: Figure it Out (Section 3) | Q: 3 | (Page Page 20)
For More Understanding
Explanation
The chapter shows that after a 15% discount, the customer pays 85% of the original price. We can find the original price by dividing the paid amount by 0.85.
Solution Steps
Price paid = ₹4,40,000
Discount = 15%, so price paid = 85% of original
85% of Original Price = ₹4,40,000
Original Price = 4,40,000/0.85 = ₹5,17,647