When A Plot Is Sold For Rs. 18,700, The Owner Loses 15%. At What Pric

1.	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%?
Answer» Let the C.P. of the plot = Rs. x. Given that x - 15% of x = 18700. =&GT; (85/100) * x = 18700. => x = 22000. So the COST price (C.P.) of the plot = Rs. 22000. S.P. of plot for 15% PROFIT = 22000 + 15% of 22000 = 22000(115/100) = 25300. Let the C.P. of the plot = Rs. x. Given that x - 15% of x = 18700. => (85/100) x = 18700. => x = 22000. So the cost price (C.P.) of the plot = Rs. 22000. S.P. of plot for 15% profit = 22000 + 15% of 22000 = 22000*(115/100) = 25300.

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%?

Answer»

Let the C.P. of the plot = Rs. x.

Given that x - 15% of x = 18700.

=&GT; (85/100) * x = 18700.

=> x = 22000.

So the COST price (C.P.) of the plot = Rs. 22000.

S.P. of plot for 15% PROFIT = 22000 + 15% of 22000 = 22000*(115/100) = 25300.

Let the C.P. of the plot = Rs. x.

Given that x - 15% of x = 18700.

=> (85/100) * x = 18700.

=> x = 22000.

So the cost price (C.P.) of the plot = Rs. 22000.

S.P. of plot for 15% profit = 22000 + 15% of 22000 = 22000*(115/100) = 25300.