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.
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.
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)
J.sabarish said:
5 years ago
Agree @M. V. Krishna/Palvancha :
That is cp=21505. But after getting it, if you check for sp (rs. 18700) with it, we can't get the answer (rs. 18700).
Sp=85% of 21505=18, 280 (which proves that it is wrong).
Anyone clear this.
That is cp=21505. But after getting it, if you check for sp (rs. 18700) with it, we can't get the answer (rs. 18700).
Sp=85% of 21505=18, 280 (which proves that it is wrong).
Anyone clear this.
(1)
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)
Cgyel said:
9 years ago
The logic behind here is,
SP = 18700.
Loss=15%.
CP= (100/ 100 - 15) * 18700.
= 22000.
Loss = CP - SP.
2200 - 18700.
= 3300.
If he wants to sell for the profit for 15%.
Then 3300 * 2 = 6600.
There fore 18700 + 6600 = 25300.
SP = 18700.
Loss=15%.
CP= (100/ 100 - 15) * 18700.
= 22000.
Loss = CP - SP.
2200 - 18700.
= 3300.
If he wants to sell for the profit for 15%.
Then 3300 * 2 = 6600.
There fore 18700 + 6600 = 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.
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)
Vrutti said:
1 decade ago
S.P = 18,700
loss = 15%.
So,C.P = Rs.((100/85)*18,700) (i.e. c.p=(100/100-loss%)*s.p))
Hence,C.P = 22,000
Now, C.P = 22,000, gain Required 15%
so,S.P = ((115/100)*22,000)(i.e. s.p=(100+gain% /100)*c.p))
Hence,S.P = 25,300
loss = 15%.
So,C.P = Rs.((100/85)*18,700) (i.e. c.p=(100/100-loss%)*s.p))
Hence,C.P = 22,000
Now, C.P = 22,000, gain Required 15%
so,S.P = ((115/100)*22,000)(i.e. s.p=(100+gain% /100)*c.p))
Hence,S.P = 25,300
Aarya said:
5 years ago
Given selling price(sp)=18700 (with loss of 15%)
So basically,
sp = cp(cost price) - 15% cp.
Let cp be x.
18700=x-0.15x.
18700=0.85x.
So we get x=cp=22000.
Now if he needs a gain of 15%,
SP=22000+15%(22000),
SP=25300.
So basically,
sp = cp(cost price) - 15% cp.
Let cp be x.
18700=x-0.15x.
18700=0.85x.
So we get x=cp=22000.
Now if he needs a gain of 15%,
SP=22000+15%(22000),
SP=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.
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.
Swathi n s said:
5 years ago
In ratio method.
15 percent =3/20.
Hence, sp:cp.
15 percent loss 20:17
15 percent gain 23:20.
By cancellin common term sp:cp =23:17.
Then 17x =18700 therefore x=1100.
23x = 25300.
15 percent =3/20.
Hence, sp:cp.
15 percent loss 20:17
15 percent gain 23:20.
By cancellin common term sp:cp =23:17.
Then 17x =18700 therefore x=1100.
23x = 25300.
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