###
**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 B**

## Show Answer

Solution(By Apex Team)

CP of bicycle = $100 \times \frac{2850}{114}=\text { Rs. } 2500$
SP for the profit of 8% = $108 \times \frac{2500}{100}=\text { Rs. } 2700$

## Related Questions on Profit and Loss

### A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

A. 45 : 56B. 45 : 51

C. 47 : 56

D. 47 : 51

### 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. 2600B. Rs. 2700

C. Rs. 2800

D. Rs. 3000

### A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gainsB. A makes a profit of 11%

C. A makes a profit of 20%

D. B loses 20%

### A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.

A. Rs. 3,750B. Rs. 3,250

C. Rs. 2,750

D. Rs. 2,250