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If an electricity bill is paid before the due date, one gets a reduction of 5% on the amount of the bill. By paying the bill before the due date, a person got a reduction of ₹14. The amount of his electricity bill was:

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  1. ₹260
  2. ₹270 
  3. ₹250
  4. ₹280

Answer (Detailed Solution Below)

Option 4 : ₹280
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Detailed Solution

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Formula used:

Reduction = Bill Amount (B) × 5%

Calculation:

Reduction = ₹14

⇒ ₹14 = B × 5/100

⇒ B = ₹14 × 100/5

⇒ B = ₹280

∴ The correct answer is option (4).

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