RRB NTPC · Question 93
John won a lottery, in which the government deducted 35% tax and paid the 7/8 part to John and the remaining to the ticket seller. If the ticket seller received Rs. 22,343.75, what was the lottery amount? A. 2,23,437 B. 275,000 C. 264,384 D. 178,750
Show answer & explanation
Answer: (D) B
Explanation
After 35% tax, 65% of the prize remains; the seller gets 1/8 of that: 0.65 × L/8 = 22,343.75, so L = 22,343.75 × 8/0.65 = Rs 2,75,000.