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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 B
According to the question 15% loss,
$$\eqalign{ & \,\,\,\,{\text{CP}}\,\,\,\,\,\,\,\,{\text{Loss}}\,\,\,\,\,\,\,\,\,{\text{SP}} \cr & \mathop { \downarrow \times 14}\limits_{1400}^{100} \,\,\,\,\,\,\,\,15\,\,\,\,\,\,\mathop { \downarrow \times 14}\limits_{1190 \to {\text{Answer}}}^{85} \cr} $$
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