Question

A tempo is insured to the extent of $\frac{4}{5}$ of its original value. If the premium on it at the rate of 1.3 percent amounts to Rs 910 the original value of the tempo is

• A. Rs 78500
• B. Rs 80000
• C. Rs 82500
• D. Rs 87500

Answer 1

The correct option is D Rs 87500

Let the original value of the tempo be Rs. x. Then,

1.3 Percent of 4/5 of x = 910
$\Rightarrow \frac{13}{10}\times \frac{1}{100}\times \frac{4}{5}\times x=910$
$\Rightarrow x=\left(\frac{910\times 10\times 100\times 5}{13\times 4}\right)=87500$