Vidyalelo
Aptitude · Q140

Profit And Loss

Competitive Exams · Aptitude · question 140

Q140

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
Answer
C.
Rs. 2800
D.
Rs. 3000

Answer: Option B

Solution

Answer: Option B
Solution:
Let the new S.P. be Rs. x
then, 114 : 2850 = 108 : x