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

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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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?

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