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A shop worth ₹ 25,000 was insured for 95% of its value. How much would the owner get in case of any mishappening? - Mathematics

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Question

A shop worth ₹ 25,000 was insured for 95% of its value. How much would the owner get in case of any mishappening?

Sum
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Solution

Value of shop = ₹ 25,000

Insured amount = 95% of total value

= 95% of ₹ 25,000

= `₹25,000 xx 95/100`

= ₹ 23,750

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Chapter 8: Percent and Percentage - Exercise 8 (A)

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Selina Concise Mathematics [English] Class 7 ICSE
Chapter 8 Percent and Percentage
Exercise 8 (A) | Q 9
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