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#1 2015-04-16 07:00:54
Selling Profit:
Question:
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:
Option A):
Rs. 3000
Option B):
Rs. 2,600
Option C):
Rs. 2,700
Option D):
Rs. 2,800
Correct Answer is Option C):
Rs. 2,700
Explanation:
CP of bicycle = 100/114*2850 = Rs. 2500;
SP for a profit of 8% = 108/100*2500 = Rs. 2700.
Failure is the first step towards seccess.
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2015-04-16 07:00:54
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