Question

By selling a house for Rs400000;a person loses20%. To get gain of 15% at what price should the houses be sold

Answer 1

Hope this help you in your maths

Answer 2

Sp = ₹400000
Loss%= 20%
Cp ={100/100 - 20%(L%)} x 400000
= (100/80) x 400000
= ₹500000
When Gain% = 15%,
Sp = (100 + 15/100) x 500000(Cp)
=( 115/100) x 500000
= ₹ 575000