Question

At what profit percentage must
an article he sold so that by sell-
ing at half that price, there may
be a loss of 30%?​

Answer 1

Step-by-step explanation:

Answer : Let SP = Rs. x New SP = x/2 and Loss = 30%So, CP = (100/100 – 30) x/2 = > (100/70 x x/2) = Rs. 5x/7Gain = x – 5x/7 = 2x/7 ; Gain% = (2x/7 x 7/5x x 100)% = 40% .

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