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%?
A. Rs. 21,000
B. Rs. 22,500
C. Rs. 25,300
D. Rs. 25,800
E. None of these
Answer: Option C
Solution(By Examveda Team)
$$\eqalign{ & 85:18700 = 115:x \cr & \Rightarrow x = {\frac{{18700 \times 115}}{{85}}} = 25300 \cr & {\text{Hence,}}\,{\text{S}}{\text{.P}}{\text{.}} = Rs.\,25300 \cr} $$This Question Belongs to Arithmetic Ability >> Profit And Loss
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Comments ( 2 )
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
ATQ,
85% ≡ 18700
115% ≡ 18700*115/85 = 25300
Solved by : MD.Helal Uddin
Let x be the originalcost
x-15%x = 18700
x(1-15/100) = 18700
85x = 18700
x = 22000
15%x=22000*15/100 = 3300
22000+3300 = 25300.
Just tried it out..The solution provided is more simple.I just got a little confused.
Cheers and have a nice day.