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Find the gross value of an Estate which ...

Find the gross value of an Estate which yield Rs.3800 after a commission of `5%` has been deducted

A

3900

B

4000

C

4100

D

3610

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AI Generated Solution

The correct Answer is:
To find the gross value of an estate that yields Rs. 3800 after a 5% commission has been deducted, we can follow these steps: ### Step 1: Define the Gross Value Let the gross value of the estate be represented as \( x \). ### Step 2: Calculate the Deduction The commission deducted is 5% of the gross value. Therefore, the deduction can be expressed as: \[ \text{Deduction} = \frac{5}{100} \times x = 0.05x \] ### Step 3: Calculate the Remaining Value After Deduction The remaining value after the deduction is the gross value minus the deduction: \[ \text{Remaining Value} = x - 0.05x = 0.95x \] ### Step 4: Set Up the Equation According to the problem, the remaining value after the commission has been deducted is Rs. 3800. Therefore, we can set up the equation: \[ 0.95x = 3800 \] ### Step 5: Solve for Gross Value To find \( x \), we can rearrange the equation: \[ x = \frac{3800}{0.95} \] ### Step 6: Calculate the Value Now, we can perform the calculation: \[ x = \frac{3800 \times 100}{95} = \frac{380000}{95} \] Calculating this gives: \[ x = 4000 \] ### Conclusion Thus, the gross value of the estate is Rs. 4000. ---
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