SOLUTION: If the successive discount of 8%,4% and 5/2% are allowed, what would be the net price of a bicycle, whose marked price is rs 1500?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: If the successive discount of 8%,4% and 5/2% are allowed, what would be the net price of a bicycle, whose marked price is rs 1500?      Log On


   

Question 817817: If the successive discount of 8%,4% and 5/2% are allowed, what would be the net price of a bicycle, whose marked price is rs 1500?
Answer by TimothyLamb(4379) About Me  (Show Source):
You can put this solution on YOUR website!
net = 1500 * (1-0.08) * (1-0.04) * (1-0.025)
net = 1500 * (0.92) * (0.96) * (0.975)
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net = $1291.68
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