7. By selling a bicycle for * 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be
(a) 2,600
(b) 2,700
(c) 2,800
(d) 3,000
with steps

Selling price of a bicycle = 2850

Profit percentage = 14%

We know that :

Then, the cost price of this bicycle :

Thus, the cost price of this bicycle = 2500

In another scenario :

Profit percentage = 8%

Cost price of the bicycle = 2500

Then, Selling price will be equal to :

Let x be the selling price of the bicycle.

Therefore, the selling price with a profit of 8% will be = 2700

step-by-step explanation:

this is not a question

x=0

step-by-step explanation: