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    A person buys a ceiling fan for 2,200 and sells it at a loss of 35%. What is the selling price of the ceiling fan?
    Question

    A person buys a ceiling fan for 2,200 and sells it at a loss of 35%. What is the selling price of the ceiling fan?

    A.

    1410

    B.

    1430

    C.

    1420

    D.

    1440

    Correct option is B

    Given:
    Cost Price (CP) = Rs. 2,200
    Loss Percentage = 35%
    Formula Used:
    Selling Price (SP)=CP×(1Loss %100)\text{Selling Price (SP)} = CP \times \left(1 - \frac{\text{Loss \%}}{100}\right)​​
    Solution:
    SP = 2,200 × (1 - 35100\frac{35}{ 100}​)
    SP = 2,200 × (1 - 0.35)
    SP = 2,200 × 0.65
    SP = Rs. 1,430

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