When 4 percent of a number is added to 11 percent of the same number, then the result is 1845. What is the value of the number?
Show answer & explanation
Correct answer: B
Explanation
Given:
Number = x
4% + 11% = 1845
According to the formula:
(4% + 11%) × x = 1845
15% × x = 1845
(15/100) × x = 1845
x = (1845 × 100) / 15
= 123 × 100
= 12300