A store loses one tenth of its merchandise due to fire. An insurance company reimburses the store for two-fifths of lost merchandise. The insurance company paid the store Tk. 8, What was the value of the store’s total inventory before the fire?

A Tk. 2.06

B Tk. 12, 875

C Tk. 51, 500

D Tk. 206, 250

Solution

Correct Answer: Option D

one tenth =10% 2/5 of 10%=4% here, 4%=8250 taka

1%=8250/4 taka

100%=8250x100/4=2,06,250 taka

Solution

Practice More Questions on Our App!

Related Topics