The marked price of a bicycle is Rs.1500. The shopkeeper offers his customer two successive discounts of 10% and 6%. Find the final selling price of the bicycle?
Answer: Rs.1269
Explanation
Given:
Marked price = Rs. 1500
Discounts: 10% and 6%
First discount (10%):
= 10% of 1500
= 0.1 × 1500
= Rs. 150
Price after 1st discount = 1500 - 150
= Rs. 1350
Second discount (6%):
= 6% of 1350
= 0.06 × 1350
= Rs. 81
Price after 2nd discount = 1350 - 81
= Rs. 1269
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