A trader bought eight bicycles at the rate of $₹ 1400$ per bicycle. He sold them all for a total of $₹ 12, 800$ . How much profit or loss did he make per bicycle?

Loss of

₹ 200

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Profit of

₹ 200

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Profit of

₹ 150

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Loss of

₹ 150

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Solution

The correct option is B Profit of $₹ 200$

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A trader bought eight bicycles at the rate of ₹1400 per bicycle. He sold them all for a total of ₹12,800. How much profit or loss did he make per bicycle?

The correct option is B Profit of ₹200

A trader bought eight bicycles at the rate of $₹ 1400$ per bicycle. He sold them all for a total of $₹ 12, 800$ . How much profit or loss did he make per bicycle?

The correct option is B Profit of $₹ 200$