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 4 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.

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.

Sara said:   1 decade ago
Hai.

C.P = (100/(100-loss%))*S.P.

From question.

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

Then we need 15% gain so,

22000*(15/100) = 3300.

So Cost price+Gain price = 22000+3300 = 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.

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.

Jatsho said:   3 years ago
find C.p from loss at 15%.

C.p = (100/(100-loss%)* S.p (given: Rs. 18700)
C.P we get is 22,000.

Now using that C.p, calculate S.P from gain at 15%.
S.p = ((100+ gain%)/100) * C.p.
(27)

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.

Sajeev said:   1 decade ago
He is given 15% loss.

So 85% is equal to 18700.

= 0.85 = 18700.
= 0.15 = X.

Cross multiplication.

Therefore X = 3300.

= 18700+3300 = 22000.

For 15% profit.

22000*1.15 = 25300.

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.
(5)

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


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