Q43
Ajay bought a motor cycle for Rs. 50,000. 2 years later he sold it to Vijay at 10% less of the cost price. Vijay spend 5% of the purchasing price on its maintenance. Later Vijay displayed the sale price of his motorcycle Rs. 50,000. Chetan wanted to purchase it at 15% discount but Vijay gave him two successive discounts of 10% and 5% instead of 15% in one time. What is the actual discount availed by Chetan?
A.
15%
B.
15.5%
C.
14.5 %
AnswerD.
16.5%
E.
Cannot determined
Answer: Option C
Solution
Answer: Option C
Solution:
100 --- 10%↓(1st discount) → 90 --- 5%↓ → 85.5Net discount = 100 - 85.5 = 14.5%