Question

The marked price of a cycle is 1050 and 5% discount is allowed on cash payment Find its selling price:

I forgot the formula

don't span and I want steps only​

Answer 1

Answer:

The marked price of a cycle =Rs. 1050

Discount=5%

Discount Amount =1050x5/100=52.50

Selling Price= 1050-52.50=Rs.997.50 Ans.

Answer 2

Answer:

Rs. 997.5

Step-by-step explanation:

Given :- Cost price of the cycle = Rs. 1050, Discount allowed = 5% .

To Find :- Selling price of the cycle

Solution :-

The marked price of the cycle = Rs. 1050

Discount allowed = 5%

First we will find 5% of 1050,

( 5 ÷ 100 ) × 1050 = 1050 ÷ 20

                            = 105 ÷ 2

                            = 105/2

We know that,

Selling price = Cost price - Discount

∴ Selling price of cycle  = 1050 - 105/2

                                       = (2100 - 105) ÷ 2

                                       = 1995 ÷ 2

                                       = Rs. 997.5

Therefore, the selling price of the cycle is Rs. 997.5

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