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When a plot is sold for Rs 18700 the owner loses...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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When a plot is sold for Rs. 18700, the owner loses 15% . At what price must the plot be sold in order to gain 15% ?

Answer & Solution
Correct Answer: Option C
Let the new S.P. be Rs. x
Then, 85 : 18700 = 115 : x
$$\eqalign{ & \Rightarrow x = \left( {\frac{{18700 \times 115}}{{85}}} \right) \cr & \Rightarrow x = 25300 \cr} $$
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