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.

Prateek said:   1 decade ago
Plot sale = Rs 18700.
Let the C.P be=x.
Loss=C.P-S.P.
0. 15x=x-18700.
X=22000 i.e. C.P of plot = Rs 22000.
To gain 15% = 15%0f 22000 = Rs 3300.
So S.P = C.P+profit.
22000+3300= Rs 25300 answer.

Shashank said:   1 decade ago
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.

That's the answer. clear it.

Syed Arif Ali said:   1 decade ago
S.P=18700
Loss=15%
Means
Assume C.P=100%
S.P= C.P-loss
i.e 18700= 100%-15%
18700=85%
We need 115% means 15% profit

18700=85%
?= 115%
i.e = 25300

MITUL said:   1 decade ago
CP=X
X-X*15/100=18700
>X=22000.

22000+22000*15/10
=25300.

Prasanta said:   1 decade ago
Sold = 18700.00.

Loss% = 15%.

So CP = 100/100-%loss*SP (formula).

100/100-15%*18700.

100/85%*18700.

100*100/85*18700.

10000/85*18700 = 22000.

22000*15%.

22000*15/100 = 3300.

22000+3300 = 25300.

Namrata said:   1 decade ago
Hi guys,

I have sum confusion, Please help me out.

If we solve this ques by the formula which is given in important formula then:

C.P = {100/(100-15)}*18700 = 22000.

So,

S.P = {(100+15)/100}*22000 = 335.

So why the answer is coming different.

Allari said:   1 decade ago
It's very easy method.

85 - 18700.
115 - ?

115*18700/85 = 25300.

Robin said:   1 decade ago
SP of a plot = 18,700.
Loss = 15 %.

CP of a plot = (100/100-loss) * CP.
= (100/85) * 18700 = 22,000.

Gain = 15 %.

SP = 115% of CP.
= (115/100)* 22000.

= 25,300.

Wins said:   1 decade ago
18700 = 85% loss C.P.
So now,

18700/85%= 220.
220 = 1%.
220*115% = 25300.

AMIT said:   1 decade ago
Let C.P be x.

S.P of plot =18700.
Loss =15%= 85/100.

S.P= (100-LOSS%)/100*C.P.
18700=0.85*C.P.

C.P= 22000.

GAIN = 15% = 115/100.
C.P = 22000.
S.P = ?

S.P = (115/100)*22000 = 25300.


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