Question : A man bought a watch at a 10% discount. If he had bought it at a 20% discount, he would have gotten the watch for Rs. 125 less. The marked price of the watch is:
Option 1: Rs. 2,500
Option 2: Rs. 1,250
Option 3: Rs. 3,750
Option 4: Rs. 1,000
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Correct Answer: Rs. 1,250
Solution :
Given:
A man bought a watch at a 10% discount. If he had bought it at a 20% discount, he would have gotten the watch for Rs. 125 less.
Here (20 – 10) = 10% is equivalent to Rs. 125
So 100% is equivalent to $(\frac{125×100}{10})$ = Rs. 1,250
Therefore, the marked price is Rs. 1,250.
Hence, the correct answer is Rs. 1,250.
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