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Question : A man bought a watch for a 12% discount. If he had bought it for a 24% discount, he would have got the watch for INR 2400 less. The marked price of the watch is:

Option 1: INR 30,000

Option 2: INR 22,500

Option 3: INR 20,000

Option 4: INR 25,000


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: INR 20,000


Solution : Let the marked price of the watch be INR $x$.
Selling price of watch with 12% discount = $\frac{100-12}{100}x$ = $\frac{88}{100}x$
Selling price of watch with 24% discount = $\frac{100-24}{100}x$ = $\frac{76}{100}x$
According to the question,
$\frac{88x}{100}-\frac{76x}{100}=2400$
$⇒\frac{12x}{100}=2400$
$⇒x=20000$
Hence, the correct answer is INR 20,000.

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