A shopkeeper has announced 40% rebate on the price of TV sets at the time of sale. If a purchaser needs to have a rebate of ₹26,400, then how many TV sets each costing ₹6,000 should he purchase?
Answer & explanation
Correct answer: option 2
Rebate on TV price = 40%
Rebate wanted = Rs. 26,400
Price of each TV = Rs. 6000
Let the total price = m.
According to the question
m × \(\frac{2}{5}\) = 26400
m = 66000
Number of TV sets = \(\frac{66000}{6000}\) = 11