Question

A book costs Rs.480. If it is sold at a loss of 55%. What will be its cost price as a percentage of its selling price?​

Answer 1

A loss of 55 % means cost price is 100 corresponding to a selling price of 45.

Cost price as a percentage of selling price = (100/45 × 100) = 222.22%.

Answer 2

Given : Cost Price of book= Rs. 480

            Percentage Loss = 55%

To Find: Cost price as a percentage of its selling price

Solution:

Let's assume Cost Price be 100,

Then the loss of 55% means the selling price would be 45 Rs.

Therefore cost price as a percentage of selling price would be calculated as

(100/45) x 100 = 222.22%

Hence, Cost price as a percentage of its selling price is 222.22%.