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: Option BShow Answer
Solution(By Apex Team)
CP of bicycle = $100 \times \frac{2850}{114}=\text { Rs. } 2500$
SP for the profit of 8% = $108 \times \frac{2500}{100}=\text { Rs. } 2700$
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