Question

Selling Goods13% is lost by selling goods for Rs.1475, What will be the loss or gain if the goods are sold for Rs.1615?

Answer 1

If 13% is lost out of 100%,then we sell it for 87% out of 100%.Let the original price be x
According to your question--
87% of x = 1475
87x/100=1475
x = 1475 × 100/87 = 1695.4
Now it is obvious that there is a loss at selling the goods for 1615.
Then,Loss=1695.4-1615 = 80.4 or simply 80 is your solution.