Multiple choice

A bicycle, marked at 2,000, is sold with two successive discounts of 20% and 10%. An additional ‘discounts’ of 5% is offered for cash payment. The selling price of the bicycle at cash payment is

  1. 1368

  2. 1468

  3. 1568

  4. 1668

  5. 0
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A Correct answer
Explanation

Marked price = 2000. After 20% discount: 2000 * 0.8 = 1600. After 10% discount: 1600 * 0.9 = 1440. After 5% cash discount: 1440 * 0.95 = 1368.

AI explanation

Applying the successive discounts sequentially to the marked price of 2000, the price after the first 20% discount is 2000 * 0.80 = 1600. The price after the second 10% discount is 1600 * 0.90 = 1440. The final cash payment price after the additional 5% discount is 1440 * 0.95 = 1368.

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