Profit and Loss - Discussion Page For Q.320 | Aptitude Questions and Answers | Aptitude Free Online-Tests | LucentBlackBoard

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Profit and Loss - Discussion Page For Q.320 | Aptitude Questions and Answers | Aptitude Free Online-Tests | LucentBlackBoard | LucentBlackBoard.com

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Exercise 1

Exercise 2

When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

A.	Rs. 21,000	B.	Rs. 22,500
C.	Rs. 25,300	D.	Rs. 25,800

Answer and Explanation

Answer:Rs. 25,300

Explanation:
85 : 18700 = 115 : x
x = (18700 x 115) / 85 = 25300.

Hence, S.P. = Rs. 25,300.

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