Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator?
A
Rs 5000
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B
Rs 4000
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C
Rs 12,500
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D
Rs 15,000
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Solution
The correct option is B Rs 4000 Let the labeled price be Rs. x Then, (80% of x)- (70% of x) = 500 10% of x =500 10%………..500 100%…………??= (500 x 100/10) = 5000= x (labeled price) Therefor at which he bought a refrigerator is 80% of x = Rs. 4000.