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 5 of 9.
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).
18700/X*100=85,
hence 18700*100=85X,
x=1870000/85=22000,
22000 * 1.15 = 25300(1.15 is 15% profit).
Srijit Chakrabarty said:
6 years ago
USE THIS FORMULA.
S1/(100-LOSS%) = S2/(100+GAIN%).
S denotes the selling price.
So,here,
18700/(100-15) = S2(100+15).
S2 = (18700*115)/85,
S2 = 25300.
S1/(100-LOSS%) = S2/(100+GAIN%).
S denotes the selling price.
So,here,
18700/(100-15) = S2(100+15).
S2 = (18700*115)/85,
S2 = 25300.
(2)
Deepjit Das said:
8 years ago
(CP-SP)/CP=profit = 15/100,
=>(CP-18700)/cp=15/100.
=>CP=22000.
Now,
15%of CP=22000*1(15/100) = 3300,
So the price will be,
22000+3300 = 25300.
=>(CP-18700)/cp=15/100.
=>CP=22000.
Now,
15%of CP=22000*1(15/100) = 3300,
So the price will be,
22000+3300 = 25300.
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.
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)
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.
Satendra said:
1 decade ago
When he sold 18700 getting 15/. Loss it means his c.p. Is 20000 if he want to get 15/. Profit he should be sell at 20300 this will be ans
Rajkumar said:
1 decade ago
C.P = 100/(100-loss%) * S.P
C.P = 100/(100-15) * 18700 = 22000
15% Of 22000 is 3300
since it is gain %
we add
22000 + 3300 = 25300
C.P = 100/(100-15) * 18700 = 22000
15% Of 22000 is 3300
since it is gain %
we add
22000 + 3300 = 25300
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.
Then C.P=100*18700/100-15.
=100 * 18700/85.
=22000Rs.
Then S.P= 15/100*22000.
= 25300Rs.
Prashant said:
1 decade ago
Snehal the answer suggested by jegadeesh. Is absolutely easy to understand. And the explanation suggested by them is not proper. !
Jobs said:
9 years ago
15% loss means > sp is 85% of cp.
ie cp * 0.85 = 18700.
cp = 22000.
For 15% profit > sp =(1 + 0.15) * cp.
sp = 25300.
ie cp * 0.85 = 18700.
cp = 22000.
For 15% profit > sp =(1 + 0.15) * cp.
sp = 25300.
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