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 9 of 9.
Vishal thakur said:
2 years ago
@All.
Simple, the solution is;
cp% = x%.
To calculate cp.
Cp = cp%/cp% - loss%*sp
Cp = x%/x%-15%*18700
cp = x%/0.85 x%*18700
Then cp = 22000.
Then by applying Profit %=sp/cp-cp/cp*.
15/100 + 22000/22000 = sp/22000,
115/100 * 22000 = sp,
Sp = 25300.
Simple, the solution is;
cp% = x%.
To calculate cp.
Cp = cp%/cp% - loss%*sp
Cp = x%/x%-15%*18700
cp = x%/0.85 x%*18700
Then cp = 22000.
Then by applying Profit %=sp/cp-cp/cp*.
15/100 + 22000/22000 = sp/22000,
115/100 * 22000 = sp,
Sp = 25300.
(10)
Anonym said:
7 months ago
Simply answer :
Cp - sp = loss
cp = ? , Sp = 18700 , loss = 15%.
Then cp - sp = loss.
Cp - 18700 = 15%.
15% is not the actual % of 18700 rs,
% = 100 then 100% - 15% = 85 %,
Cp - 18700 = 85 %,
Cp = ( 100/85 )*18700,
Cp = 22000.
For 15% profit.
22000 * 15% = 3300.
3300 + 22000 = 25300 rs.
Cp - sp = loss
cp = ? , Sp = 18700 , loss = 15%.
Then cp - sp = loss.
Cp - 18700 = 15%.
15% is not the actual % of 18700 rs,
% = 100 then 100% - 15% = 85 %,
Cp - 18700 = 85 %,
Cp = ( 100/85 )*18700,
Cp = 22000.
For 15% profit.
22000 * 15% = 3300.
3300 + 22000 = 25300 rs.
(7)
Duh said:
3 months ago
15% loss means, 85% = 18700,
Then for profit 15%, 115% = (18700/85) )*115, which gives 25300.
Then for profit 15%, 115% = (18700/85) )*115, which gives 25300.
(2)
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