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

Given Data

• Cost price of cycle = Rs. 1,400
• Sold at a loss of 15%
• Required: selling price (SP)

Step 1: Apply loss on CPSP = CP × (1 − 15%) = 1,400 × 0.85 = Rs. 1,190

Checks & Common Pitfalls

• Loss percent reduces the selling price from CP, not from SP.
• Keep percentage arithmetic exact to avoid penny errors.

Final AnswerSelling price = Rs. 1,190.