A bicycle marked at Rs. 2,000, is sold with two successive discount of 20% and 10%.An additional discount of 5% is offered for cash payment. The selling price of the bicycle at cash payment is:
A. Rs. 1,368 B. Rs. 1,468 C. Rs. 1,568 D. Rs. 1,668 Answer: Option AShow Answer
Solution(By Apex Team)
MP. of bicycle = Rs. 2,000
After two successive Discount of 20% and 10%
$=2000\times\frac{80}{100}\times\frac{90}{100}=Rs.1440$
Additional discount 5% for cash payment
$=1440 \times \frac{95}{100}=Rs. 1368$
Related Questions on Profit and Loss
A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:
A. 45 : 56B. 45 : 51
C. 47 : 56
D. 47 : 51
By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:
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C. Rs. 2800
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A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:
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D. B loses 20%
A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.
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