13 Views

Question : Elizabeth went to a furniture store and purchased a study table. She received a 20% discount on it. She would have saved Rs.1,000 more if she had received a 25% discount. What was the marked price of the study table?

Option 1: Rs. 21,100

Option 2: Rs. 20,000

Option 3: Rs. 18,900

Option 4: Rs. 19,200


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 8th Jan, 2024

Correct Answer: Rs. 20,000


Solution : Let the marked price of the table be $x$.
Selling price of the table $=x×\frac{80}{100}$
Also, if she had received a 25% discount the selling price $=x×\frac{75}{100}$
According to the question,
$x×\frac{80}{100}-x×\frac{75}{100}=1000$
⇒ $\frac{5x}{100}=1000$
$\therefore x=20,000$
Hence, the correct answer is Rs. 20,000.

Know More About

Related Questions

Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books