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A shopkeeper sells a dozen pair of socks whose marked price is Rs. 600 at 20% discount. How many pairs of socks can be bought for Rs. 320?1. 92. 103. 84. 12 |
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Answer» Correct Answer - Option 3 : 8 Given: A shopkeeper sells a dozen pair of socks whose marked price is Rs. 600 at 20% discount. Concept used: Profit and loss Calculation: 20% discount is offered on Rs.600 SP = 600 - (20% of 600) SP = 600 - 120 SP = Rs.480 Selling price of one pair of socks = 480/12 SP = 40 AS per the question, ⇒ 320/40 = 8 8 pair of socks can be bought for Rs.320 |
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