Profit and Loss Practice Test 4

Question : 30 of 40

Marks: +1, -0

Tarun bought a T.V. with 20% discount on the labelled price. Had he bought it with 25% discount, he would have saved Rs 500. At what price did he buy the T.V.?

Rs 7,500
Rs 8,500
Rs 8,000
Rs 7,400

Validate

Solution:

Marked Price	Selling price of TV at 20% discount	Selling price of T.V. at 25% discount
x	$x-20/100x$	$x-25/100x$
	$x-x/5={4x}/5$	$x-x/4={3x}/4$

Saved money = Rs 500
According to the statement,

{4x}/5-{3x}/4=500

x=10000

Marked price = Rs 10,000
Amount paid by Tarun for T.V

=10000-20/100×10000=\Rs. 8000

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