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Question

Jatin bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 25% discount, he would have saved Rs. 500. At what price did he buy the refrigerator?

Options:
A .  Rs 5000
B .  Rs 10,000
C .  Rs 12,500
D .  Rs 15,000
E .  None of these
Answer: Option B
 -    Let the labelled price be Rs.x Then,
  (80% of x)- (75% of x) = 500  
  5% of x =500
  x = (500 x 100/5) = 10000

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