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  1. Kamala bought a bicycle for $ 1,650. She had to sell it at a loss of 8%. She sold it for
    1. $ 1, 581
    2. $ 1, 518
    3. $ 1, 510
    4. $ 1, 508
Correct Option: B

Here , C.P. of cycle = $ 1650 and Loss = 8%

∴ S.P. of cycle =
100 - loss%
× C.P.
100

S.P. of cycle =
100 - 8
× 1650
100

S.P. of cycle =
92 × 1650
= $ 1518
100



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