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Discussion :: Profit and Loss

  1. 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%?

    2. A.

    Rs. 21,000
    B.

    Rs. 22,500
    C.
    Rs. 25,300
    D.

    Rs. 25,800

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    Answer : Option D

    Explanation :

    85 : 18700 = 115 : x

     

     x = \( [\frac { 18700 *115} { 85 }]\)     = 25300.
     

     

    Hence, S.P. = Rs. 25,300

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