A man buys a cycle for $1400$ and sells it at a loss of $15 %$ . What is the SP of the cycle?

1090

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1160

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1190

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1202

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Solution

The correct option is C $1190$
$C P$ of cycle $= 1400$ , loss $= 15 %$
$S P = C P \times (1 - \frac{l o s s %}{100})$

$= \frac{1400 \times (100 - 15)}{100} = 1190 R s .$

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