Jagdeep bought a refrigerator with a 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator?

A Rs 5000

B Rs 10,000

C Rs 12,500

D Rs 15,000

Solution

Correct Answer: Option A

 Let the labelled price be Rs.x Then,
(80% of x)- (70% of x) = 500
10% of x =500
10%………..500
100%…………? ?= (500 x 100/10) = 5000=x

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