A man buys an item at Rs. 1300 and sells it at the loss of 20 percent. Then what is the selling price of that item Select:  A) Rs. 660  B) Rs. 760  C) Rs. 860  D) Rs. 1040  E) None of these
Explanation:   Here always remember, when ever x% loss,   it means S.P. = (100 - x)% of C.P   when ever x% profit,   it means S.P. = (100 + x)% of C.P   So here will be (100 - x)% of C.P.   = 80% of 1300   = 80/100 * 1300= 
<gadget id="calculator">80/100 * 1300</gadget>
<output>1_040</output>
1040   Option Rs. 1040
<result>D</result>
A man buys an item at Rs. 1300 and sells it at the loss of 20 percent. Then what is the selling price of that item