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When a Plot is Sold for ₹ 18700, the Owner Loses 15%. at What Price Must that Plot Be Sold in Order to Gain 15%? - Mathematics

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MCQ

When a plot is sold for ₹ 18700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

Options

  • ₹ 21000

  • ₹ 22500

  • ₹ 25300

  • ₹ 25800

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Solution

₹ 25300
Explanation :
85 : 18700 = 115 : x

⇒ x = `(18700xx115)/85` = 25300

Hence, SP = ₹ 25300

Concept: Profit and Loss (Entrance Exam)
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