Question

When A Bike Is Sold For Rs 18700 with a loss of 15%. At what price it should be sold to get profit of 15%.
Rs 25300
Rs 22300
Rs 24300
Rs 21300

Answer 1

Answer:

To get a profit of 15%,bike should be sold at Rs. 24300

Answer 2

Answer:

This type of question can be easily and quickly solved as following:

Let at Rs x it can earn 15% pr0fit

85:18700 = 115:x [as, loss = 100 -15, Profit = 100 +15]

x = (18700*115)/85

= Rs.25300