Question

46. At what profit percent must an article be sold so that by selling at half that price, there may be a loss of 30%? (a) 25% (c) 40% (d) 42% (b) 36%​

Answer 1

Answer: 40% ans

Step-by-step explanation:

Let SP =100 , New SP=100/2 =50 ,loss %= 30%

So CP = 100/(100-loss%) ×SP

100/70 ×50 =500/7

Profit = SP -CP =100 -500/2 =200/7

Profit % = 200/7/7/500 ×100 = 40% ans