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Q.

The price of a cycle is Rs. 2500. What will be the price of the cycle after another increment of 15% is applied?

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a

Rs. 2800

b

Rs. 2875

c

Rs. 3000

d

Rs. 2815

answer is B.

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Detailed Solution

Concept- The final price of the cycle is the sum of the original price and the increase applied to the original price of the cycle. Increments are expressed as percentages, so find the number of increments by first finding 15% of R. 2500. Then add an extra charge to the original price to get the final price of the cycle.
Given Original price of cycle is 2500Rupees
Increment of 15% pf the price of cycle
So, I= 15% of 2500 Rs
Question Image

Question Image

So, the increment price is 375
Now. For total price of cycle add increment price and original price we get

Hence, the correct answer is option 2) Rs.2875

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