Question:
Ajay bought a motor cycle for Rs. 50,000. 2 years later he sold it to Vijay at 10% less of the cost price. Vijay spend 5% of the purchasing price on its maintenance. Later Vijay displayed the sale price of his motorcycle Rs. 50,000. Chetan wanted to purchase it at 15% discount but Vijay gave him two successive discounts of 10% and 5% instead of 15% in one time. What is the actual discount availed by Chetan?

Option A):
14.5%
Option B):
16.5%
Option C):
15%
Option D):
15.5%

Correct Answer is Option A):
14.5%

Explanation:
100 ----10%↓(1st discount)---> 90----5%↓---> 85.5
Net discount = 100-85.5 = 14.5%.