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Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 12)
Profit and Loss
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 7 of 9.
Yasvanth said:   6 years ago
SP=18700 ,
15%loss=85%
SP=? gain of 15%=115% (cross multiplication)
That means (18700/115)*85 = 25300.
(1)
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)
Duh said:   3 months ago
15% loss means, 85% = 18700,
Then for profit 15%, 115% = (18700/85) )*115, which gives 25300.
(2)
Suruchi said:   2 decades ago
How will you get the equation 85:18700=115:x. And how you get the answer? Please explain.
Shakil said:   9 years ago
By using the formula:

C.P = 100/85 * 18700 = 22000.
S.P = 115/100 * 22000 = 25300.
Bashisth said:   7 years ago
C.p * 85/100 = 18700 = 22000,
C.p.=22000,
S.p.=22000 * 115/100,
S.p.= 25300 Ans.
Wins said:   1 decade ago
18700 = 85% loss C.P.
So now,

18700/85%= 220.
220 = 1%.
220*115% = 25300.
Venus said:   1 decade ago
How will we get the answer we had given that he had bought it at 4% less?
Umesh saini said:   9 years ago
CP = 100/100-15 * 18700 = 22,000.
SP = 15 + 100/100 * 22,000 = 25300.
Allari said:   1 decade ago
It's very easy method.

85 - 18700.
115 - ?

115*18700/85 = 25300.
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