Register Now

Login

Lost Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

a) Rs. 2600
b) Rs. 2700
c) Rs. 2800
d) Rs. 3000

Answer: b
Explanation: C.P of bicycle = $$100 \times \frac{{2850}}{{114}}$$  = Rs. 2500
S.P for the profit of 8% = $$108 \times \frac{{2500}}{{100}}$$   = Rs. 2700

Join The Discussion