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?

10
7
6
5

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

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