Question

025
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 1

Answer:

Given, plot sold = Rs. 18,700

Loss = 15 %

=> = 18700×15/100

= 187×15

= 2805

so, new price for plot after losing 15% = 18,700-2805

= Rs. 15,895

In order to gain of 15 %, owner sold plot = 18,700 + 2805

= Rs. 21,505