Question

When an item sells for Rs.535, it makes 60% more profit than the loss when selling the same item for Rs.775. Find the actual cost of that object​

Answer 1

Answer:

The answer is Rs 695

Explanation:

let cost price = 'x'

profit=Rs(535-x)

loss=Rs(x-775)

so, 535-x=2*(x-775)

535-x=2x-1550

3x=2085

x= 695

there for the actual cost is 695