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Anita purchased a bicycle at cost of ₹ 3200. She sold it at a loss of ₹ 240. At what price did she sell the bicycle?

₹ 2960
₹ 2690
₹ 3440
₹ 3360

Correct Answer: ₹ 2960

Explanation:

We know that
Loss = CP - SP
240 = 3200 - SP
∴ SP = 3200 - 240 = ₹ 2960

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