By selling a car for Rs.2,78,000, a dealer gains 25%. If the profit is reduced to 18%, then the selling price will be:

Rs. 2,62,432

According to the question,

Cost price × (\(\frac{125}{100}\)) = 278000

⇒ Cost price = 278000 × (\(\frac{100}{125}\))

Now,

For 18% profit selling price = 278000 × (\(\frac{100}{125}\)) × (\(\frac{118}{100}\))

⇒ Rs. 2,62,432