Correct Answer - Option 1 : Rs. 11250
Given:
Amount that Shamita has = Rs. 27000
Expenditure on conveyance = 16.67%
Concept Used:
If a is x% more than b, then
a = (100 + x)% × b
Calculations:
Amount that Shamita has = Rs. 27000
Expenditure on conveyance = 16.67%
⇒ Expenditure on conveyance = (1/6) × 27000 [16.67% = 1/6]
⇒ Expenditure on conveyance = Rs. 4500
Amount left with Shamita after travel expense = Rs. (27000 - 4500)
⇒ Amount left with Shamita after travel expense = Rs. 22500
Cost of fridge = (100 + 25)% of Rs. 27000
⇒ Cost of fridge = Rs. (5/4) × 27000 = Rs, 33750
Amount to be borrowed be Shamita = Rs. (33750 - 22500)
⇒ Amount to be borrowed be Shamita = Rs. 11250
∴ The amount that Shamita has to borrow to buy the fridge is Rs. 11250.