A man buys a cycle for Rs. 1200 and sells it at a loss of 20% What is the selling price of the cycle?

A man buys a cycle = 1200

 CP = 1200,  sell at a loss of   20%

$loss\%=\frac{CP-SP}{CP}\times 100$

$20=\left(\frac{1200-SP}{1200}\right)\times 100$

$\Rightarrow 24000=120000-100SP$

$\Rightarrow 100SP=96000\Rightarrow \boxed{SP=960}$