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Kunal sold two bicycles—A and B. Marked ...

Kunal sold two bicycles—A and B. Marked Price of bicycle A was ₹500 more than that of bicycle B. He sold bicycle A at ₹ l620 after giving successive discounts of `20%` and `10%` on its marked price. What was the selling price of bicycle B, if Kunal sold it at a discount of `20%` on its marked price? (in₹)

A

1800

B

1750

C

1400

D

1250

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, let's break it down: ### Step 1: Define the Marked Prices Let the marked price of bicycle B be \( x \). Then, the marked price of bicycle A will be \( x + 500 \). ### Step 2: Calculate Selling Price of Bicycle A Kunal sold bicycle A for ₹1620 after giving successive discounts of 20% and 10%. ### Step 3: Calculate the Effective Selling Price Formula The selling price after successive discounts can be calculated using the formula: \[ \text{Selling Price} = \text{Marked Price} \times (1 - \text{Discount1}) \times (1 - \text{Discount2}) \] For bicycle A: \[ 1620 = (x + 500) \times (1 - 0.20) \times (1 - 0.10) \] This simplifies to: \[ 1620 = (x + 500) \times 0.80 \times 0.90 \] \[ 1620 = (x + 500) \times 0.72 \] ### Step 4: Solve for Marked Price of Bicycle A Now, rearranging the equation: \[ x + 500 = \frac{1620}{0.72} \] Calculating the right side: \[ x + 500 = 2250 \] Now, subtracting 500 from both sides: \[ x = 2250 - 500 \] \[ x = 1750 \] ### Step 5: Calculate Selling Price of Bicycle B Now that we have the marked price of bicycle B as ₹1750, we need to find the selling price when Kunal sold it at a discount of 20%. Using the formula for selling price: \[ \text{Selling Price of B} = \text{Marked Price of B} \times (1 - \text{Discount}) \] \[ \text{Selling Price of B} = 1750 \times (1 - 0.20) \] \[ \text{Selling Price of B} = 1750 \times 0.80 \] Calculating this gives: \[ \text{Selling Price of B} = 1400 \] ### Final Answer The selling price of bicycle B is ₹1400. ---
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