1)

When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must the plot be sold in order to gain 15% ?


A) Rs. 21,000

B) Rs. 22,500

C) Rs. 25,300

D) Rs. 25,800

E) Rs. 25,900

Answer:

Option C

Explanation:

$85:18700=115:x$

or $x=\left(\frac{18700\times 115}{85}\right)=25300$.

Hence, S.P = Rs. 25,300