Determine the list price of an item if a 20% discount on the item amounts to Rs.50.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs.250.
Let the list price be x.
20% of x = 50
20/100 × x = 50
⇒x/5 = 50
⇒ x = 50 × 5 = 250