Question : A shopkeeper has announced a 25% rebate on the prices of stationery items. If anyone needs to have a rebate of INR 40, then how many stationery items costing INR 32 should be purchased?
Option 1: 5 items
Option 2: 6 items
Option 3: 4 items
Option 4: 3 items
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Correct Answer: 5 items
Solution :
Rebate needed = Rs. 40
25% of the amount he bought = Rs. 40
Let us assume that the merchant bought shirts for Rs. $x$.
So, $\frac{25}{100}\times x=40$
$⇒x=160$
$\therefore$ Number of shirts he needs to buy is $= \frac{160}{32}=5$
Hence, the correct answer is 5.
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