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A bicycle, marked at Rs. 2,000 is sold w...

A bicycle, marked at Rs. 2,000 is sold with two successive discounts of 20% and 10%. An additional 'discounts' 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

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price of the bicycle after applying the successive discounts and the additional cash discount, we can follow these steps: ### Step 1: Calculate the first discount (20%) The marked price of the bicycle is Rs. 2000. The first discount is 20%. \[ \text{First Discount} = \frac{20}{100} \times 2000 = 400 \] ### Step 2: Calculate the price after the first discount Subtract the first discount from the marked price. \[ \text{Price after First Discount} = 2000 - 400 = 1600 \] ### Step 3: Calculate the second discount (10%) Now, apply the second discount of 10% on the new price (Rs. 1600). \[ \text{Second Discount} = \frac{10}{100} \times 1600 = 160 \] ### Step 4: Calculate the price after the second discount Subtract the second discount from the price after the first discount. \[ \text{Price after Second Discount} = 1600 - 160 = 1440 \] ### Step 5: Calculate the additional cash discount (5%) Now, apply the additional cash discount of 5% on the price after the second discount (Rs. 1440). \[ \text{Cash Discount} = \frac{5}{100} \times 1440 = 72 \] ### Step 6: Calculate the final selling price Subtract the cash discount from the price after the second discount. \[ \text{Final Selling Price} = 1440 - 72 = 1368 \] ### Conclusion The selling price of the bicycle at cash payment is Rs. 1368. ---
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