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A man buys a cycle for $ 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
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- $ 1202
- $ 1190
- $ 1160
- $ 1000
Correct Option: B
As per the given question ,
Given , Cost price of cycle ( C.P. ) = $ 1400 , Loss = 15%
Selling price ( S.P. ) = Cost price × | 100 |
Selling price = 1400 × | 100 |
Selling price = 1400 × | = $ 1190 | 100 |