If 1 saree is offered free on purchase of 3 sarees, What is the effective discount on each saree?
Answer & explanation
Correct answer: option 3
As per Shopkeeper, if he gives the offer:
⇒ Selling price of 4 sarees = MRP of 3 sarees
⇒ MRP : S.P. = 4 : 3
Therefore, Discount = 1R on MRP
Hence, Discount percentage = \(\frac{1}{4}\) × 100 = 25%