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%?
A
Rs. 21,000
B
Rs. 22,500
C
Rs. 25,300
D
Rs. 25,800
E
None of these
Correct Answer: Rs. 25,300
$$\eqalign{ & 85:18700 = 115:x \cr & \Rightarrow x = {\frac{{18700 \times 115}}{{85}}} = 25300 \cr & {\text{Hence,}}\,{\text{S}}{\text{.P}}{\text{.}} = Rs.\,25300 \cr} $$