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,$$\eqalign{ & \,\,\,\,{\text{CP}}\,\,\,\,\,\,\,\,{\text{Loss}}\,\,\,\,\,\,\,\,\,{\text{SP}} \cr & \mathop { \downarrow \times 14}\limits_{1400}^{100} \,\,\,\,\,\,\,\,15\,\,\,\,\,\,\mathop { \downarrow \times 14}\limits_{1190 \to {\text{Answer}}}^{85} \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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