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Anil bought a T.V with 20% discount on the labeled price . Had he bought it with 25% discount, he would have saved Rs. 500. At what price did he buy the T.V?
A10000
B8000
C12000
D11340
ENone of above
Answer: Option B
Explanation:Let the labelled price of TV be Rs. x, then difference between 80% of x and 75% of x is Rs. 500.
=> 0.8x - 0.75x = 500
=> 0.05x =500 or x=10000
So the buying price=80% of x= 0.8*10000=Rs. 8000
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