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Discussion :: Profit and Loss

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

    2. A.

    Rs. 1090
    B.

    Rs. 1160
    C.

    Rs. 1190
    D.

    Rs. 1202

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    Workspace

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    Answer : Option C

    Explanation :

    S.P. = 85% of Rs. 1400 = Rs.[\( \frac { 85 } { 100 }\) X 1400] = Rs.1190

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