Profit and Loss Practice Test 9

Question : 10 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. 5000
Rs. 8000
Rs. 10000
Rs. 12000

Validate

Solution:

Here, 5% = 500
∴ 100% =

500/5 ×100

= Rs. 10,000
Hence, labelled price = Rs. 10,000
∴ S.P. =

80/100

× Rs. 10,000 = Rs. 8000

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