A shopkeeper has announced a 25% rebate on the prices of stationery items. If anyone needs to have a rebate of ₹40, then how many stationery items costing ₹32 should be purchased?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 5 items.
Rebate per item = (25/100) × 32 = ₹8
Number of items needed to get a total rebate of ₹40 = 40/8 = 5