Find the sum of money which when increased by 15% becomes ₹19,320.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹16,800
Explanation :
Let the sum of money be X.
Given that, the sum is increased by 15%.
Now, X × 115/100 = 19,320
X = 19,320 × 100/115
X = 16,800
Hence the required sum of money is ₹16,800.