An online store announced a 20% discount on all its apparels during the Diwali week. A further discount of ₹50 was given on UPI payment. Sara bought a saree by paying ₹3,190 using the UPI payment mode. Find the marked price of the saree.

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  1. ₹4,095
  2. ₹4,050
  3. ₹4,025
  4. ₹4,000 

Answer (Detailed Solution Below)

Option 2 : ₹4,050
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Detailed Solution

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Given:

Selling price after 20% discount and ₹50 UPI discount = ₹3,190

Formula Used:

Selling Price after discount = Marked Price × (1 - Discount%) - Additional Discount

Calculation:

Let the Marked Price be M.

Selling Price after 20% discount = M × (1 - 20/100) = M × 0.80

Selling Price after UPI discount = M × 0.80 - 50

Given that Selling Price after UPI discount = ₹3,190

⇒ M × 0.80 - 50 = 3,190

⇒ M × 0.80 = 3,190 + 50

⇒ M × 0.80 = 3,240

⇒ M = 3,240 / 0.80

⇒ M = 4,050

The marked price of the saree is ₹4,050.

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