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 3 of 9.
Md Noorul Islam said:
6 years ago
Here,
Given, old S.P.=18700.
Loss=15%.
Let C.P = x;
(x-18700)/x = 15/100.
100x - 1870000 = 15x.
x = 1870000/85 = 22000 this is C.P.
Now, 22000 of 15% needed to profit.
22000*15/100 = 3300.
S.P = x+profit =22000+3300 =25300 Ans.
Given, old S.P.=18700.
Loss=15%.
Let C.P = x;
(x-18700)/x = 15/100.
100x - 1870000 = 15x.
x = 1870000/85 = 22000 this is C.P.
Now, 22000 of 15% needed to profit.
22000*15/100 = 3300.
S.P = x+profit =22000+3300 =25300 Ans.
(1)
Yasvanth said:
6 years ago
SP=18700 ,
15%loss=85%
SP=? gain of 15%=115% (cross multiplication)
That means (18700/115)*85 = 25300.
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.
S.p = 100+15/100*22000 = 25300.
(1)
Snehal said:
2 decades ago
How you hav done 85:18700=115:? please tell me.
(1)
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.
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)
Vinay gudipati said:
7 years ago
He sells at 18700 he got a loss of 15% means, This 18700 is 85%, not 100%.
Here the below information gives 1% from 18700 of 15% loss.
To get 1% : 18700/85=220; Then 220 is 1%.
To get 100% : 220*100=22000.
To get 115% : 220*115=25300.
Here the below information gives 1% from 18700 of 15% loss.
To get 1% : 18700/85=220; Then 220 is 1%.
To get 100% : 220*100=22000.
To get 115% : 220*115=25300.
Umesh saini said:
9 years ago
CP = 100/100-15 * 18700 = 22,000.
SP = 15 + 100/100 * 22,000 = 25300.
SP = 15 + 100/100 * 22,000 = 25300.
Aiysha Alafiya said:
7 years ago
S.p=18700 ,loss=15%.
C.p= 18700*100/100-85
C.p=22000
Now find S.p with gain %
S.p =(100+15)*22000/100
S.p= 25300.
C.p= 18700*100/100-85
C.p=22000
Now find S.p with gain %
S.p =(100+15)*22000/100
S.p= 25300.
Hussain said:
8 years ago
85%of C.P =18700.
then, 1% of C.P = 18700/85=220 Rs.
then, 100% of C.P =220*100 =22000.
so to gain 15%,
115% of C.P =220*115 =25300.
then, 1% of C.P = 18700/85=220 Rs.
then, 100% of C.P =220*100 =22000.
so to gain 15%,
115% of C.P =220*115 =25300.
Jegan said:
8 years ago
Easy by knowing the formula.
s.p formula s.p=100-loss/100*c.p
so, 18700=85/100*c.p
1870000=85*c.p
1870000/85=c.p
22000=c.p
Then keep s.p ,as a x for gain 15% & gain=x-22000(s.p-c.p).
by formula gain % = 100 * gain/c.p.
So, 15=100/c.p*(x-22000)
15*220=x-22000
3300=x-22000
22000+3300=x.
ANS: 25300.
s.p formula s.p=100-loss/100*c.p
so, 18700=85/100*c.p
1870000=85*c.p
1870000/85=c.p
22000=c.p
Then keep s.p ,as a x for gain 15% & gain=x-22000(s.p-c.p).
by formula gain % = 100 * gain/c.p.
So, 15=100/c.p*(x-22000)
15*220=x-22000
3300=x-22000
22000+3300=x.
ANS: 25300.
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