Vijay purchased a sofa set at 20% discount on the M P. Had he bought i

1.	Vijay purchased a sofa set at 20% discount on the M P. Had he bought it with 25% dissaved5500. At what price did he buy the âSofa Set?discount, he would
Answer» Let Marked Price = MPLet purchased price is SPSP = MP(1-20/100) = MP(1-1/5) = MP(4/5) If discount is 25%SP = MP(1-25/100) = MP(1-1/4) = MP(3/4) GivenMP(4/5) - MP(3/4) = 500MP(16-15)/20 = 500MP = 10000 Price at which sofa set is bought= MP(4/5) = 10000*4/5= 8000

Vijay purchased a sofa set at 20% discount on the M P. Had he bought it with 25% dissaved5500. At what price did he buy the âSofa Set?discount, he would

Answer»

Let Marked Price = MPLet purchased price is SPSP = MP(1-20/100) = MP(1-1/5) = MP(4/5)

If discount is 25%SP = MP(1-25/100) = MP(1-1/4) = MP(3/4)

GivenMP(4/5) - MP(3/4) = 500MP(16-15)/20 = 500MP = 10000

Price at which sofa set is bought= MP(4/5) = 10000*4/5= 8000