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 5 of 5.

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.

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

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.

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

NEHRU said:   1 decade ago
C.P=1400
LOSS%=15%
S.P=(100-loss%)/100*C.P
Therefore S.P = (100-15)/100*1400
=85/100*1400
S.P=Rs1190

Chandra Shekar said:   1 decade ago
Easy solution Man

C.P =1400
Loss% 15%
C.P*loss%
1400*15%=210
1400-210= 1190

Keshav said:   1 decade ago
Using loss%=[loss*100/c.p.] find loss valve
after that use formula loss= c.p.-s.p.
you will get the answer.

Shiri said:   1 decade ago
Given C.P=Rs 1400
and Loss % = 15%

we have to find out S.P
we know that S.P=(100-loss%)/100*C.P

Therefore S.P = (100-15)/100*1400
=85/100*1400
S.P=Rs1190

Naresh said:   2 decades ago
Loss%= loss/cp*100
loss = loss%*cp/100
= 15*1400/100
= 210
selling price = cp-loss
= 1400-210
= 1190
(1)


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