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7.Profit and Loss
medium
Tarun bought a $TV$ 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 $TV?$
A
$7500$
B
$8500$
C
$8000$
D
$7400$
Solution
Let, the marked price of $TV$ be $₹ x$
Now, according to the question,
$\frac{4 x}{5}-\frac{3 x}{4}=500$
$\Rightarrow \frac{16 x-15 x}{20}=500 \Rightarrow \frac{x}{20}=500$
$\Rightarrow \quad x=10000$
$\therefore \quad$ Required cost price $=₹\left(\frac{10000 \times 80}{100}\right)$
$=Rs.8000$
Standard 13
Quantitative Aptitude
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