Mark saves at least 8,000 on the purchase of an electric scooter which is sold at \(20\%\) discount. What could be the minimum possible marked price of the electric scooter?
- ₹ 10000
- ₹ 20000
- ₹ 40000
- ₹ 80000
The Correct Option is C
Solution and Explanation
Step 1: Let the marked price of the scooter be M. The discount on the scooter is 20%. Mark saves at least ₹8,000, so we have:
\[ 0.2M = 8000. \]
Step 2: Solving for M:
\[ M = \frac{8000}{0.2} = 40,000. \]
Conclusion: The minimum possible marked price of the scooter is ₹40,000.
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