Arithmetichard · Past Paper

A man sells a plot for Rs. 18,700 at a loss of 15%. At what price should he sell it to gain 15%?

ARs. 25,300
BRs. 22,500
CRs. 24,000
DRs. 21,000

✓ Correct Answer: ARs. 25,300

CP = 18700 / 0.85 = 22000. New SP = 22000 * 1.15 = 25300.

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