Rayhan Patwary
Rayhan Patwary
6 years ago

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:

Solution(By Examveda Team)

Selling Price = 2850
profit = 14 %
Cost price = 2850/1.14 = 2500
if profit 8%
than selling price = 2500 x 1.08 = 2700

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