Question

A man buys a cycle for rs 1200 and sells it at a loss of 20%. WHAT is the selling price of the cycle

Answer 1

960 Rs.

Step-by-step explanation:

Selling price = Cost price - Loss

= 1200 - (20/100)1200

= 1200 - 240

= 960 RS.

Answer 2

The selling price of the cycle is Rs. 960

Step-by-step explanation:

Given:

Cost price of cycle = Rs.1200

loss in percentage = 20

To find:

the selling price of the cycle

Solution:

The loss is given as 20%

The man occurred a loss of 20% on the cost price that he brought the cycle with

A man buys a cycle for Rs 1200 and sells it at a loss of 20%. WHAT is the selling price of the cycle

A man buys a cycle for rs 1200 and sells it at a loss of 20%. WHAT is the selling price of the cycle

∴ loss on cycle= 20% of 1200

∴ loss on cycle= 20 x 1200/100

∴ loss on cycle= Rs.240

Now, the selling price of the cycle will be excluding the loss

∴ Selling Price = 1200 - 240

∴ Selling Price = Rs. 960

Thus, the selling price of the cycle is Rs.960

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