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 9 of 9.

Allari said:   1 decade ago
It's very easy method.

85 - 18700.
115 - ?

115*18700/85 = 25300.

Namrata said:   1 decade ago
Hi guys,

I have sum confusion, Please help me out.

If we solve this ques by the formula which is given in important formula then:

C.P = {100/(100-15)}*18700 = 22000.

So,

S.P = {(100+15)/100}*22000 = 335.

So why the answer is coming different.

Prasanta said:   1 decade ago
Sold = 18700.00.

Loss% = 15%.

So CP = 100/100-%loss*SP (formula).

100/100-15%*18700.

100/85%*18700.

100*100/85*18700.

10000/85*18700 = 22000.

22000*15%.

22000*15/100 = 3300.

22000+3300 = 25300.


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