A land sold for Rs. 18,700 results in a 15% loss for the owner. What is the minimum price at which that plot must be sold in order to make a 15% profit?
A. Rs. 21,000
B. Rs. 22,500
C. Rs. 25,300
D. Rs. 25,800
Answer:C
A land sold for Rs. 18,700 results in a 15% loss for the owner. What is the minimum price at which that plot must be sold in order to make a 15% profit?
A. Rs. 21,000 B. Rs. 22,500 C. Rs. 25,300 D. Rs. 25,800
Explanation: 85:18700 = 115:x x = 18700 x 115 /85 = 25300 As a result, S.P. equals Rs. 25,300.