Arjun bought a T.V with 20% discount on the labelled price. Had he bought it with 25% discount, he would have saved Rs. 500. At what price did he buy the T.V?

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Arjun bought a T.V with 20% discount on the labelled price. Had he bought it with 25% discount, he would have saved Rs. 500. At what price did he buy the T.V?