Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 8)
8.
A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
Rs. 1090
Rs. 1160
Rs. 1190
Rs. 1202
Answer: Option
Explanation:

S.P. = 85% of Rs. 1400 = Rs. 85 x 1400 = Rs. 1190
100

Video Explanation: https://youtu.be/jn0XIafQvAc

Discussion:
49 comments Page 3 of 5.

Navaneeth said:   1 decade ago
1400 FOR 15% RS. 210.
Less 1400-210 = 1190 that's all.

Nirja said:   1 decade ago
When loss 15% means, 100=(15) then 1400=(14*15)=210(loss), So sp = (cp-loss) = 1400-210 = 1190.

Missing said:   1 decade ago
Loss = (CP - SP).
Loss% = [Loss*100]/CP.

15 = [(1400-x)*100]/1400.

21000 = 140000-100x.
100x = 140000-21000.
100x = 140000-21000.
100x =119000.
x = 1190.

Prady said:   1 decade ago
Why we take 85 percent loss there give 15?

Manish gowda said:   1 decade ago
Let x be the selling price then,

{(1400-x)/1400}*100 = 15.

Hence x = 1190.

Pravin garandwal said:   10 years ago
1400*15/100 = 210,

1400-210 = 1190.

Thanks.

Leitanba said:   10 years ago
Its very simple.

14*15 = 210.

1400-210 = 1910.

Kas said:   10 years ago
It's easy.

CP = 1400.

10% = 140.

5% = 70.

15% = 140+ 70 = 210.

Now use formula:

Gain = Sp - Cp.

= 1400 - 210.

= 1190.

Shudhu said:   9 years ago
In some place we assume loss as 15/100 in place of loss percentage but in some place we just keep it as 15 itself.

What is the actual criteria could anyone clear my doubt?

Beeru said:   9 years ago
100 to 15 then 1400 : ?

100 (1400 15) :?

1400 * 15/100 = 210.

So, here 1400 to 210 loss.

Then, minus 210 from 1400, that's answer.
1400 - 210 = 1190.

I hope you all understand 1190.


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