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:
51 comments Page 6 of 6.

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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