Question

When a plot is sold for Rs. 18,700 the owner loses 15%. At what price must the 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. Rs.26, 900

Answer 1

The correct option is C

Rs. 25, 300

85 : 18700 = 115 : x or x =$\left(\frac{18700\times 115}{85}\right)$= 25300.

Hence, S.P = Rs. 25,300