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.