Multiple choice

Rahim bought a T.V. with 20% discount on marked price. If he had bought it with 25% discount, then he would have saved Rs. 500. At what price did he buy the T.V.?

  1. Rs. 16,000

  2. Rs. 12,000

  3. Rs. 10,000

  4. Rs. 8,000

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let MP be the marked price. 25% of MP - 20% of MP = 500, so 5% of MP = 500. MP = 10000. Rahim bought it at 20% discount, so he paid 80% of 10000 = 8000.

AI explanation

Let the marked price of the TV be x rupees. The difference between a 20% discount and a 25% discount is 5% of the marked price, which is given as Rs. 500. Solving 0.05x equals 500 gives x equal to 10000. Since he bought the TV with a 20% discount, the purchase price is 0.80 times 10000, resulting in Rs. 8000.