Profit and loss

Numerical Ability Employee State Insurance Corporation (ESIC) Exam

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

By selling a plot of land for Rs. 45000, a person loses 10%. At what price should he sell it to gain 15%?

Rs. 50000

Rs. 55000

Rs. 57500

Rs. 60000

sp=45000
loss%=10
cp=45000/0.9=50000
cost price should he sell it to gain 15%
=>cp=50000*115/100=57500