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 4 of 5.

Purushottam said:   1 decade ago
LOSS(%)=(C.P-S.P)*100/C.P

15=(1400=S.P)*1400/1400
210=1400-S.P
S.P=1190 RS

Vinothini said:   1 decade ago
Listen... no formulas. So simple.

Loss=c.p-s.p we knw that,

Now 15%loss, so (100-15)=85%=0.85

For c.p of 1400,there is a loss 0.85,

s.p=1400*0.85. = 1190.

Anika said:   1 decade ago
The given explanation is short and best to solve in a short time.

Laxmi bhavani said:   1 decade ago
Given
loss=15%
c.p=1400
s.p=?
we know that loss=c.p-s.p
s.p=((100-loss%)/100)*c.p
=((100-15)/100)*1400)
=(85/100)*1400
=1190

just remember s.p formula its easy.

Shambhu said:   1 decade ago
Very easy method Vinothini, Thanks.

Vani said:   1 decade ago
Hi friends
for finding the selling price we have one formula tat is;

costprice/100=sellingprice/(100-loss%)

here c.p=1400
loss%=15%
s.p=x(assume)
by substituting the values


1400/100= x/(100-15)
14=x/85
therefore x=1190

Note:if it is loss% given (100-loss%) or
gain% is given (100+gain%)

K.Manas said:   1 decade ago
If 100% = 1400.

Then 10% = 140.

And 5% = 70.

140 + 70 = 210 Rs.

1400 - 210 = 1190 answer.

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

1400-210 = 1190.

Thanks.

Iqra Rao said:   1 decade ago
We know that,

C.P = 100*S.p/100 - loss%.

Rearranging the formula because we find the S.P.

S.P = C.P(100-loss%)/100.

Putting the values,
S.P = 1400(100-15)/100.

S.P = 14(85).
Answer is: 1190.

Sravani said:   1 decade ago
Its very simple.

C.P = 1400.

Loss by 15%.

Means 100-15 = 85%.

1400*85/100 = 1190.


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