A man buys a cycle for Rs. 1600 and sells it at a loss of 12%. What is the selling price of the cycle? Choose one:
A) 1410  B) 1420  C) 1430  D) 1408  E) 1540
S.P. = 88% of Rs. 1600 = 88/100 x1600= Rs. 1408   answer : 1408
<result>D</result>
A man buys a cycle for Rs. 1600 and sells it at a loss of 12%. What is the selling price of the cycle?