Nikhil suffers a loss of ₹140 when he sells a perfume at 20% discount. Find the marked price of the perfume if the cost price is ₹380.
Answer & explanation
Correct answer: option 2
If there is a loss of Rs. 140 for a cost price of Rs. 380, then the selling price is 380 - 140 = Rs. 240
then according to the question,
If 80% of the marked price = 240
then ,100% of the marked price = 300