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. 2850, 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: Let the new S.P. be Rs. x
then, 114 : 2850 = 108 : x
$$\eqalign{ & \Rightarrow x = \left( {\frac{{2850 \times 108}}{{114}}} \right) \cr & \Rightarrow x = 2700 \cr} $$

Join The Discussion