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%?
Rs. 21,000
Rs. 22,500
Rs. 25,300
Rs. 25,800
Answer: Option
Explanation:

85 : 18700 = 115 : x

x = 18700 x 115 = 25300.
85

Hence, S.P. = Rs. 25,300.

Discussion:
83 comments Page 3 of 9.

Raghavendra said:   6 years ago
S.P is 18700 with 0.15 %loss,

So c.p-sp=loss c.p=sp+loss.
c.p=18700+18700*0.15 = 21505,
SP = CP * 115/100 = 25300.

Yasvanth said:   6 years ago
SP=18700 ,
15%loss=85%
SP=? gain of 15%=115% (cross multiplication)
That means (18700/115)*85 = 25300.
(1)

Aakash said:   6 years ago
C.p = 100/85*18700 = 22000.
S.p = 100+15/100*22000 = 25300.
(1)

Honie said:   6 years ago
Given that 15% Loss it means 100%-15%=85%of SP.
Given SP=18700.
we have to find out the 15% of Gain.
means 100%+15%=115%
for 115% how much SP?
after the calculation, the answer will be 25300.

Prabhashjha said:   6 years ago
Consider 100% as CP.
Since there is a loss of 15% then SP=85%.
Thus, SP of 85%= 18700.

We have to calculate the SP at which it is sold at 15% profit. Thus, (100+15)% is the SP
85% = 18700.

Thus 115% = 18700 * 115/85 = 25300.
(1)

Navin said:   7 years ago
Yes, right @Bashisth.

Bashisth said:   7 years ago
C.p * 85/100 = 18700 = 22000,
C.p.=22000,
S.p.=22000 * 115/100,
S.p.= 25300 Ans.

Jitu said:   7 years ago
Simple: 18700 at 15% loss means this is 85% of amount so,
18700/X*100=85,
hence 18700*100=85X,
x=1870000/85=22000,
22000 * 1.15 = 25300(1.15 is 15% profit).

Nikhitha said:   7 years ago
SP = 18700.
Loss%=15.
CP=(sp/100-loss)*100.
From the above formula, we get cp=22000.
Given gain%=15.
sp=(100+gain%) * cp/100.
We get sp = 25300.
(1)

Gopi said:   7 years ago
The formula of C.P=(100*S.P)/(100-loss%).
Then C.P=100*18700/100-15.
=100 * 18700/85.
=22000Rs.

Then S.P= 15/100*22000.
= 25300Rs.


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