2 years ago in Profit & Loss

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 %
[D] 16.5%
[E] Cannot determined
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Biswakanti Nayak
Biswakanti Nayak - 11 months ago

Biswakanti Nayak from Bhubaneswar, India is saying 14.5 % is correct answer

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