Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 12)
12.
When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
Answer: Option
Explanation:
85 : 18700 = 115 : x
 x = |
 |
18700 x 115 |  |
= 25300. |
| 85 |
Hence, S.P. = Rs. 25,300.
Discussion:
83 comments Page 1 of 9.
Vikas said:
2 decades ago
I think the answer u mentioned here is wrong coz wen u calculate the amount 15% in 18,700 and add it then the result will be 21505.
But if v calculate as per ur ans 25300-18700=6600
so.. 6600/18700*100 the result will b 35.2%.
But if v calculate as per ur ans 25300-18700=6600
so.. 6600/18700*100 the result will b 35.2%.
(2)
Suruchi said:
2 decades ago
How will you get the equation 85:18700=115:x. And how you get the answer? Please explain.
Sunil said:
2 decades ago
The formula used for this solution is:-
Selling price at a 15% loss is 18700, .i.e, for 100 rupees of investment we got only 85 rupees.
Same way to get a profit of 15% .i.e, for 100 rupees we have to get 115 rupees.
So, 85 rupees at 15% loss(100-15=85)=C.p 18700
So, 115 rupees at 15% gain (100+15=115)= C.p ?
85=18700
115=?
? = ( 18700*115 )/85 = 220*115 = 25300
S.p= 25300 with the gain of 15%.
Selling price at a 15% loss is 18700, .i.e, for 100 rupees of investment we got only 85 rupees.
Same way to get a profit of 15% .i.e, for 100 rupees we have to get 115 rupees.
So, 85 rupees at 15% loss(100-15=85)=C.p 18700
So, 115 rupees at 15% gain (100+15=115)= C.p ?
85=18700
115=?
? = ( 18700*115 )/85 = 220*115 = 25300
S.p= 25300 with the gain of 15%.
Snehal said:
2 decades ago
How you hav done 85:18700=115:? please tell me.
(1)
Jegadeesh said:
1 decade ago
He sell at 18700 he got a loss of 15% means, This 18700 is 85% not 100%.
To get 1% : 18700/85=220; Then 220 is 1%.
To get 100% : 220*100=22000.
To get 115% : 220*115=25300.
To get 1% : 18700/85=220; Then 220 is 1%.
To get 100% : 220*100=22000.
To get 115% : 220*115=25300.
(5)
K.RajeshReddy said:
1 decade ago
The formula for to find gain percentage is
Here 85 is to loss of 15% and
115 is to gain of 15% So, totally 85:18700=115:?
Here 85 is to loss of 15% and
115 is to gain of 15% So, totally 85:18700=115:?
Shafiq said:
1 decade ago
When you are calculating 1percent of 18700, you have divided 18700 with 85. But 85 is 85%. Please explain it.
(1)
Prashant said:
1 decade ago
Snehal the answer suggested by jegadeesh. Is absolutely easy to understand. And the explanation suggested by them is not proper. !
Satendra said:
1 decade ago
When he sold 18700 getting 15/. Loss it means his c.p. Is 20000 if he want to get 15/. Profit he should be sell at 20300 this will be ans
Kiran said:
1 decade ago
Calculate Cost price by applying formula
= 100 * sp/100-loss%
and then add it in S.P. of Rs. 18700
= 100 * sp/100-loss%
and then add it in S.P. of Rs. 18700
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