Samson bought a car for ₹4,40,000 after getting a 15% discount from - Figure it out - Page 19, 20

part 2 - Question 6 - Figure it out - Page 19, 20 - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT)
part 3 - Question 6 - Figure it out - Page 19, 20 - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT)

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Question 6 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?Here, Amount paid = Original Price – Discount Given Amount Paid = ₹ 4,40,000 Discount percentage = 15% We need to find Original Price First, we find the Discount Finding Discount Now, Discount = Discount percentage × Original price = 15% × Original Price = 𝟏𝟓/𝟏𝟎𝟎 × Original Price Now, Amount paid = Original Price – Discount Putting values 4,40,000 = Original Price – 𝟏𝟓/𝟏𝟎𝟎 × Original Price 4,40,000 = Original Price × (1 – 15/100) 4,40,000 = Original Price × ((1 × 100 − 15)/100) 4,40,000 = Original Price × ((100 − 15)/100) 4,40,000 = Original Price × (85/100) Original Price × 𝟖𝟓/𝟏𝟎𝟎 = 4,40,000 Original Price = 4,40,000 × 100/85 Original Price = 4,40,000 × 20/17 Original Price = (𝟖𝟖,𝟎𝟎,𝟎𝟎𝟎)/𝟏𝟕 Original Price = 5,17,647.05 Thus, original price was approximately ₹5,17,647

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CA Maninder Singh is a Chartered Accountant for the past 16 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.