Difficulty: Easy
Correct Answer: Rs. 10100
Explanation:
Introduction / Context:
The net price after deducting a commission is given. Since commission is 5%, the net equals 95% of the gross. We invert this to find the gross price (100%).
Given Data / Assumptions:
Concept / Approach:
Let G be the gross price. Then 0.95G = 9,595 → G = 9,595 / 0.95. Use ratio 95/100 = 19/20 to convert division into simple multiplication.
Step-by-Step Solution:
Verification / Alternative check:
Check: 5% of 10,100 is 505; gross − commission = 10,100 − 505 = 9,595, matching the given net price.
Why Other Options Are Wrong:
Common Pitfalls:
Subtracting 5% from 9,595 instead of reversing the percentage, or dividing by 5 instead of 0.95.
Final Answer:
Discussion & Comments