Multiple choice

A man bought a TV with 10% discount on the labelled price. Had he bought it with 20% discount, he would have saved Rs. 500. At what price did he buy the TV?

  1. Rs. 5625

  2. Rs. 9000

  3. Rs. 6750

  4. Rs. 4500

  5. Rs. 3240

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

Let the labelled price of the TV be Rs. y. Discount  in 1st case = 0.1y Discount  in 2nd case = 0.2y Now, in both cases, the difference is only 10%, i.e. Rs. 500. i.e. 10% of y = Rs. 500 i.e. (10/100) X y = 500  And y = Rs. 5000 Therefore, that man bought the TV at discount of 10% on marked price. i.e. (10/100) x 5000 = Rs. 500 Buying price = Rs. 5000 - Rs. 500 = Rs. 4500