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Question

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
Then according to the question,
4x53x4=500

16x15x20=500

x=20×500=10000

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