Profit and Loss on Arithmetic Aptitude related Questions and Answers

Question :   A merchant has announced 25% rebate on prices of ready-made garments at the time of sale. If a purchaser needs to have a rebate of ₹ 400, then how many shirts, each costing ₹ 320, should he purchase? 1. 10 2. 7 3. 6 4. 5 Answer :   4 - 5