A bicycle originally costs Rs 100 and was discounted 10%. After three months it was sold after being discounted 15%. How much was the bicycle sold for?
Question:

A bicycle originally costs Rs 100 and was discounted 10%\%. After three months it was sold after being discounted 15%\%. How much was the bicycle sold for?

Updated On: Sep 25, 2024
  • 55.5
  • 95.25
  • 76.5
  • None of these
Hide Solution
collegedunia
Verified By Collegedunia

The Correct Option is C

Solution and Explanation

The correct option is (C): 76.5
Explanation: To find the selling price of the bicycle after both discounts, let's calculate it step by step.
Original Price: Rs 100
First Discount (10%):
Discount=100×0.10=10\text{Discount} = 100 \times 0.10 = 10
  Price after first discount=10010=90\text{Price after first discount} = 100 - 10 = 90
Second Discount (15%) on the discounted price:
  Discount=90×0.15=13.5\text{Discount} = 90 \times 0.15 = 13.5
  Final Selling Price=9013.5=76.5\text{Final Selling Price} = 90 - 13.5 = 76.5
Thus, the bicycle was sold for Rs 76.5.
 
Was this answer helpful?
0
0

Top Questions on Profit and Loss

View More Questions