Jatin bought a refrigerator with 20% discount on the labelled price. If he woud have bought it with 25% discount, he could have saved Rs. 500. At what price did he buy the refrigerator?
A
Rs. 5,000
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B
Rs. 10,000
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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 A Rs. 10,000 ⇒ Let actual price of refrigerator is Rs.x
⇒ The cost of refrigerator to jatin after 20% discount =80100×x=4x5
⇒ Cost of refrigerator to jatin after 25% discount =75100×x=3x4