Multiple Choice Questions on By selling a plot of land for Rs 45000 a person loses 10 At what price should he sell it to gain 15 ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

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

Quantitative Aptitude ( CCS) Profit and loss
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    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

    Incorrect Answer

    Rs. 55000

    Incorrect Answer

    Rs. 57500

    Correct Answer

    Rs. 60000

    Incorrect Answer
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    Explanation:

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

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