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

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%?

• ₹ 21000

• ₹ 22500

• ₹ 25300

• ₹ 25800

Solution

₹ 25300
Explanation :
85 : 18700 = 115 : x

⇒ x = (18700xx115)/85 = 25300

Hence, SP = ₹ 25300

Concept: Profit and Loss (Entrance Exam)
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