A man buys a cycle for Rs 1400 and sells it...

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A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

A. Rs. 1090

B. Rs. 1160

C. Rs. 1190

D. Rs. 1202

Answer: Option C

Solution (By Examveda Team)

$$\eqalign{ & {\text{S}}{\text{.P}}{\text{.}} = 85\% \,{\text{of}}\,Rs.\,1400 \cr & = Rs.\,\left( {\frac{{85}}{{100}} \times 1400} \right) \cr & = Rs.\,1190 \cr} $$

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