025When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%? About the author Melanie
Answer: Given, plot sold = Rs. 18,700 Loss = 15 % => = 18700×15/100 = 187×15 = 2805 so, new price for plot after losing 15% = 18,700-2805 = Rs. 15,895 In order to gain of 15 %, owner sold plot = 18,700 + 2805 = Rs. 21,505 Reply
Answer:
Given, plot sold = Rs. 18,700
Loss = 15 %
=> = 18700×15/100
= 187×15
= 2805
so, new price for plot after losing 15% = 18,700-2805
= Rs. 15,895
In order to gain of 15 %, owner sold plot = 18,700 + 2805
= Rs. 21,505