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%?
Rs. 21,000
Rs. 22,500
Rs. 25,300
Rs. 25,800
Explanation:
85 : 18700 = 115 : $ x $
$\Rightarrow x $ =$ \left(\dfrac{18700 \times 115}{85} \right) $= 25300.
Hence, S.P. = Rs. 25,300.