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Profit and Loss - General Aptitude

Q1:

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

A Rs. 1090

B Rs. 1160

C Rs. 1190

D Rs. 1202

ANS:C - Rs. 1190

S.P. = 85% of Rs. 1400 = Rs. 85 x 1400 = Rs. 1190
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