A man buys a cycle for Rs. 1600 and sells it at a loss of 20%. What is the selling price of the cycle?	Choose the correct choice from the following options.
A) 1410	B) 1420	C) 1430	D) 1440	E) 1280
S.P. = 80% of Rs. 1600 = 80/100 x1600= Rs. 1280   answer : 1280
<result>E</result>
A man buys a cycle for Rs. 1600 and sells it at a loss of 20%. What is the selling price of the cycle?