Question
Selling an item for 545 rupees is the loss of 60% more
than the profit obtained by selling the same item at 785 rupees. Know the purchase price of that item? (In rupees)Solution
Let the cost price of the item be Rs. x According to the question  (x-545)= (785 - x) x 60/100 (x-545) = (785 - x) x 3/5 5x-2725 = 2355-3x 5x + 3x = 2725 + 2355 8x = 5080 x = 5080/8 x = Rs. 635
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