Examveda
Examveda

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. 1202

B. Rs. 1190

C. Rs. 1160

D. Rs. 1000

Answer: Option B

Solution(By Examveda Team)

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

This Question Belongs to Arithmetic Ability >> Profit And Loss

Join The Discussion

Related Questions on Profit and Loss