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Question
When a plot is sold for ₹ 18700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
Options
₹ 21000
₹ 22500
₹ 25300
₹ 25800
MCQ
Solution
₹ 25300
Explanation :
85 : 18700 = 115 : x
⇒ x = `(18700xx115)/85` = 25300
Hence, SP = ₹ 25300
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Profit and Loss (Entrance Exam)
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