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.

Shantanu said:   1 decade ago
Superb Explanation @SUNIL!!!

Hari said:   1 decade ago
85% of some thing is 18,700 (loss of 15%)
then wats 115% of the thing (gain of 15%)
(115*18700/85)

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

Naresh parmar said:   1 decade ago
Thanks avjit

CP=100*18700/(100-15)= 22000 {CP=100*SP/(100-loss}

SP=(100+15)*22000/100=25300 {SP=(100+gain)*CP/100}

MITUL said:   1 decade ago
CP=X
X-X*15/100=18700
>X=22000.

22000+22000*15/10
=25300.

Avijeet said:   1 decade ago
CP=100*18700/(100-15)= 22000 {CP=100*SP/(100-loss}

SP=(100+15)*22000/100=25300 {SP=(100+gain)*CP/100}

Dhiraj said:   1 decade ago
Yah juhi your are right.

Juhi said:   1 decade ago
It is very simple.

Calculate cp as: 100/100-15*18700 = 22000

Calculate sp as: 22000+15/100*22000 = 22000+3300 = 25300.

Kiran said:   1 decade ago
Calculate Cost price by applying formula
= 100 * sp/100-loss%

and then add it in S.P. of Rs. 18700

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


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