Syntel Company Numerical Ability Profit and Loss

When a plot is sold for Usd 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
A. Usd 21,000 B.Usd 22,500 C.Usd 25,300 D. Usd 25,800

Read Solution (Total 3)

85:18700::115:x
x=(18700*115)/85
x=25300
11 years agoHelpfull: Yes(8) No(1)

ans is 25,300
11 years agoHelpfull: Yes(7) No(2)
Loss=((CP-SP)/Cp)
15/100=((Cp-18700)/CP)
100CP-1870000=15CP
85CP=1870000
CP=22000
To obtain the SP on 15% gain
Gain=((SP-CP)/CP)
15/100=((SP-22000)/22000)
by solving this we get
SP=25300
10 years agoHelpfull: Yes(6) No(0)

Syntel Other Question

The percentage profit earned by selling an article for Usd 1920 is equal to the percentage loss incurred by selling the same article for Usd 1280. At what price should the article be sold to make 25% profit? A.Usd 2000 B. Usd 2200
C. Usd 2400 D.Data inadequate E. None of these A soldiar looses his way in a thick jungle at random walks from his camp but mathematically in an interestingg fashion. First he walks one mile east then half mile to north. Then 1/4 mile to west, then 1/8 mile to south and so on making a loop. Finally hoe far he is from his camp and in which direction.