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

1)15%

2)15.5%

3)14.5%

4)none of these


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    14.5%

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