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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
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- $ 18,000
- $ 20,000
- $ 20,800
- $ 24,000
Correct Option: B
Let the marked price of the television be $ y.
CP for Rita = $ (16800 – 800) = $ 16000
∴ ( 100 - 20 )% of y = 16000
⇒ 80% of y = 16000
| ⇒ y = | = $ 20000 | 80 |
