One company is offering a 25% discount on a particular product. Anurag visited a store. He was trying to find a deal that would allow him to save at least Rs. 390. How many minimum items should he purchase if each item costs Rs. 340?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 5.
Given that
Cost = 340
Cost Price = Selling Price × 100/(100 - loss %)
Selling price = Marked price × (100 - discount%)/100
Discount = × 340 = 85
To save at least Rs 390, he would need to buy minimum = = 4.58
Hence, the minimum items he should purchase is 5.