Vidyalelo
Aptitude · Q32

Profit And Loss

Competitive Exams · Aptitude · question 32

Q32

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
Answer
C.
Rs. 2800
D.
Rs. 3000

Answer: Option B

Solution

Answer: Option B
Solution:
CP of bicycle =   = Rs. 2500
SP for the profit of 8% =   = Rs. 2700