Question

a shopkeeper lost 30% by selling an article for $1.40. what did he lose?

Answer 1

hey buddy here is your answer

S.P = $ 1.40

loss = 30%

thn S.P = 100% - 30 %

$1.40 = 70% of C.P

now if 70% is =$ 1.40

thn 1% is = 1.40/70

so 100% is = 1.40/70*100= $2

C.P =$ 2

S.P = $1.40

loss in $ = $2 - $1.40 = $0.60

hope it helps