Question

Del sells his. Goods for £38 making a 5% loss how much did he pay for the good when he bought them

Answer 1

Answer:

Del paid £40 for the goods.

Step-by-step explanation:

It is given that:

Selling price of goods = £38

Loss = 5%

It means that,

Selling price = (100-5)% = 95%

Let,

x be the buying price.

95% of x = 38

$\frac{95}{100}x=38\\\\0.95x=38$

Dividing both sides by 0.95x

$\frac{0.95x}{0.95}=\frac{38}{0.95}\\x=40$

Therefore,

Del paid £40 for the goods.