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A man buys a cycle for 1400 and sold it at a loss of 15% then the selling price of the cycle is
Question

A man buys a cycle for 1400 and sold it at a loss of 15% then the selling price of the cycle is

A.

₹1090

B.

₹1160

C.

₹1190

D.

₹1202

Correct option is C

The selling price of the cycle can be calculated using the formula:
Selling Price = Cost Price - Loss
The loss is 15% of the cost price, which is ₹1400.
Loss = (15/100) × 1400 = ₹210
Now, subtract the loss from the cost price to get the selling price:
Selling Price = ₹1400 - ₹210 = ₹1190
So, the selling price of the cycle is ₹1190.

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