A man bought a watch for 12% discount. If he had bought it for 24% discount, he would have got the watch for ₹2400 less. The marked price of the watch is:

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SSC CGL 2022 Tier-I Official Paper (Held On : 03 Dec 2022 Shift 3)
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  1. ₹30,000
  2. ₹22,500
  3. ₹20,000
  4. ₹25,000

Answer (Detailed Solution Below)

Option 3 : ₹20,000
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Detailed Solution

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Given:

A man bought a watch for a 12% discount.

If he had bought it for a 24% discount, he would have got the watch for ₹2400 less. 

Concept used:

Selling Price = Marked Price × (1 - Discount%)

Calculation:

Let the marked price be X.

​According to the question,

X × (24 - 12)% = 2400

⇒ X = 2400/12%

⇒ X = 20,000

∴ The marked price of the watch is ₹20,000.

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