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- Quantitative Aptitude
7.Profit and Loss
medium
When a plot was sold for $Rs$ $18700,$ the owner lost $15 \% .$ At what price must the plot be sold in order to gain $15 \% ?$
A
$21000$
B
$22500$
C
$25300$
D
$25800$
Solution
$S.P.$ $=Rs. 18700 ; \quad \operatorname{loss} \%=15$
$\therefore \frac{85}{100} C.P. =Rs. 18700$
To gain $15 \%$ it should be sold at $Rs. \frac{115}{100}$ $C.P.$
Required $S.P.$ $=\frac{18700}{85} \times 115=Rs. 25300$
Standard 13
Quantitative Aptitude