A bicycle, marked at Rs. 2000 is sold with two successive discount of 20% and 10%. An additional discount of 5% is offered for cash payment. The selling price of the bicycle at cash payment is = ?

A. Rs. 1368

B. Rs. 1468

C. Rs. 1568

D. Rs. 1668

Answer: Option A

Solution(By Examveda Team)

Marked price of bicycle = Rs. 2000
After two successive discount of 20% and 10%
$$\eqalign{ & = 2000 \times \frac{{80}}{{100}} \times \frac{{90}}{{100}}{\text{ }} \cr & = {\text{Rs}}{\text{. 1440}} \cr} $$
Additional discount 5% for cash payment
$$\eqalign{ & = 1440 \times \frac{{95}}{{100}} \cr & = {\text{Rs}}{\text{. 1368}} \cr} $$