Question

A plot is sold for Rs. 18,000 with a loss of 10%. At what price it should be sold to get profit of 15%​

Answer 1

Answer:

SP of Plot = ₹ 18000

Loss% = 10%

Let the CP be x

A/q

x - 10% of x = 18000

=> x - 10/100 × x = 18000

=> x - x/10 = 18000

=> ( 10x - x )/10 = 18000

=> 9x/10 = 18000

=> 9x = 18000 × 10

=> x = ( 18000 × 10 ) / 9

= 2000 × 10

= 20000

Now ,

CP of Plot = ₹ 20000

Profit = 15%

SP = CP + 15% of CP

= 20000 + 15/100 × 20000

= 20000 + 15 × 200

= 20000 + 3000

= 23000

Hence At 15% of profit , the price

would be ₹23000 .

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