Question : If 40% of $\frac{4}{5}$ of $\frac{3}{4}$of a number is 48, then what is 1% of the same number?
Option 1: 20
Option 2: 2
Option 3: 10
Option 4: 1
Correct Answer: 2
Solution : Let the number be $x$. According to the question, 40% of $\frac{4}{5}$ of $\frac{3}{4}$ of $x$ = 48 ⇒ $x=48\times \frac{100}{40}\times\frac{5}{4} \times \frac{4}{3}$ ⇒ $x = 200$ So, 1% of 200 = 2 Hence, the correct answer is 2.
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