A man buys a cycle for Rs. 1600 and sells it at a loss of 15%. What is the selling price of the cycle?  Choose the correct choice from the following:  A) s . 1090  B) s . 1360  C) s . 1190  D) s . 1202  E) s . 1256

Rationale: "s . p . = 85 % of rs . 1600 = rs . 85 / 100 x 1600 = rs . 1360 answer : b"
Answer: B