A man buys a cycle for Rs. 1400 and sells it at a loss of 20%. What is the selling price of the cycle?	Choose the correct answer:
A) rs . 1090 B) rs . 1160 C) rs . 1120 D) rs . 1202 E) none

Rationale: "solution s . p = 80 % of rs . 1400 = rs . ( 80 / 100 × 1400 ) rs . 1120 . answer c"
Answer: C