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Rita bought a television set with 20% di...

Rita bought a television set with 20% discount on the labelled price. She made a profit of 800 by selling it for 16,800. The labelled price of the set was

A

18000

B

20000

C

20800

D

24000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to find the labelled price (also known as the marked price) of the television set that Rita bought. ### Step 1: Understand the given information - Rita bought a television set at a 20% discount on the labelled price. - She sold the television set for ₹16,800. - Rita made a profit of ₹800. ### Step 2: Determine the cost price (CP) of the television set Since Rita made a profit of ₹800 when selling the television for ₹16,800, we can find the cost price (CP) using the formula: \[ \text{Selling Price (SP)} = \text{Cost Price (CP)} + \text{Profit} \] Substituting the known values: \[ 16,800 = \text{CP} + 800 \] To find CP, we rearrange the equation: \[ \text{CP} = 16,800 - 800 \] \[ \text{CP} = 16,000 \] ### Step 3: Relate the cost price to the labelled price Rita bought the television set at a 20% discount on the labelled price (let's denote the labelled price as \( X \)). This means she paid 80% of the labelled price: \[ \text{CP} = 80\% \text{ of } X \] This can be expressed mathematically as: \[ \text{CP} = 0.8X \] ### Step 4: Substitute the cost price into the equation Now we can substitute the value of CP we found in Step 2 into the equation: \[ 16,000 = 0.8X \] ### Step 5: Solve for the labelled price (X) To find \( X \), we can rearrange the equation: \[ X = \frac{16,000}{0.8} \] Calculating this gives: \[ X = 20,000 \] ### Conclusion The labelled price of the television set is ₹20,000. ---
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