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.

Nurul said:   1 decade ago
Before loss C.P = 1610.

15%loss in C.P 1400.

1400*15/100 = 210.

S.P = 1400-210 = 1190.

Shivani said:   1 decade ago
hello guys, there is a simple way to solve profit n loss questions in few seconds . u just need to remember a simple formula . i.e

factor formula = F*C=S, here( F= 1+profit/100 Or 1-loss/100).

Now in this question simply apply this and you will get the answer.

Given that C.P = 1400.

Loss = 15%

S.P= ?

Solution: 1-15/100*1400 = 1190.

F*C = S.

In this way you will be able to solve question in 1 line :).

Shivani said:   1 decade ago
Just apply factor formula and u'll be able to solve many questions in seconds. So the formula is.

F*C = S here (F= 1+ profit/100 or 1-loss/100).

So C. P=1400.

Profit=15%.

S. P=?

Apply formula = F*C=S.

1-15/100 = 0. 85.

0. 85*1400 = 1190 here is your S. P thats it :).

Bhanu ravali said:   1 decade ago
100%--------*14-------> 1400.
85%---------*14-------> 1190.

So answer is 1190.

Srinivas said:   1 decade ago
Simple. C.P = 1400;
15%of C.P = 210;
S.P = 1400-210 = 1190;.

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?


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