A banner at a garment shop advertises 'Buy 2 and get 5'. The shopkeeper has marked all the shirts at the same amount. Gaurav was his relative and the shopkeeper gave him an additional discount of 2% on the total bill. Gaurav purchased 5 shirts and paid ₹1,274. What is the marked price of each shirt?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. ₹650.
For every 5 shirts, the customer pays only for 2 shirts.
Let the marked price of each shirt = M
Gaurav pays for 2 shirts only (out of 5) at a price of ₹M each.
Total price before discount = 2M
Amount paid = (98/100) × 2M = 1.96M
So, 1.96M = 1274
⇒ M = 1274/1.96 = 650