Solved UPSC CDS/OTA Question
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Q · Profit, Loss and DiscountMedium · 45s
When a bicycle manufacturer reduced its selling price by 50%, the number of bicycles sold radically increased by 600%. Initially the manufacturer was getting only 140% profit. What is the percentage increase of his profit?
TopicProfit, Loss and Discount
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
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Final Answer: Option D — can’t be determined