SOLUTION: Bharat sold his cycle at 13.5% loss.Had he sold it for rs 600 more,he would have made a profit of 245.what is the cost price of the cycle(in Rs.)?

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Question 976648: Bharat sold his cycle at 13.5% loss.Had he sold it for rs 600 more,he would have made a profit of 245.what is the cost price of the cycle(in Rs.)?

Answer by FrankM(1040) About Me  (Show Source):
You can put this solution on YOUR website!
600-245=355
So 355 more would have been just break-even. He lost 355 or 13.5%
355/.135 = 2629.63rs was the cost