Question

A plot is sold for Rs.$18,700$ with a loss of $15\%$. At what price it should be sold to get profit of $15\%$?

• A. $25300Rs$
• B. $54000Rs$
• C. $25600Rs$
• D. $25900Rs$

Answer 1

The correct option is A $25300Rs$

Let at Rs. $x$

It can earn $15\%$ profit

$\Rightarrow 85:18700=115:x$ [as, loss $=100-15$, profit $=100+15$]

$\Rightarrow x=\frac{18700\times 1}{85}$

$\Rightarrow x=$ Rs. $25300$

So, the plot is sold of Rs. $25300$