When 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% ?
A. Rs. 21,000
B. Rs. 22,500
C. Rs. 25,300
D. 44%
Answer : C. Rs. 25,300
Explanation:
85 : 18700 = 115 : x
x = (18700 x 115) / 85
= 25300.
Hence, Selling Price (S.P) = Rs. 25,300.