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 6 of 9.

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.

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.

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.

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.

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.
(1)

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).

Bashisth said:   7 years ago
C.p * 85/100 = 18700 = 22000,
C.p.=22000,
S.p.=22000 * 115/100,
S.p.= 25300 Ans.

Navin said:   7 years ago
Yes, right @Bashisth.

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.
(1)

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.


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