A merchant has announced 25% rebate on prices of ready made garments at the time of sale. If a purchaser needs to have a rebate of ₹ 400, then how many shirts, each costing ₹ 320, should he purchase?
Correct Answer: 5
Explanation:
∵ Marked price of a shirt = ₹ 320
Discount on a shirt = 320 x 25/100 = ₹ 80 ∴ Number of shirts has to be purchased to get a rebate of ₹ 400 = 400/80 = 5