Find CP when SP=₹220 Loss=15%
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The setting is a study in Portland Place, London. Onstage is Roebuck Ramsden, a rather elderly man of affluence and affairs. Octavius Robinson, a young poet, is announced by the maid. He appears dressed in an elegant suit of mourning. As Ramsden consoles him, the audience learns that Octavius' benefactor and friend, Mr. Whitefield, is dead. Ramsden is confident that he will be the one who will serve as guardian of Whitefield's daughters, Ann and Rhoda, and he expresses his hope that Ann and Octavius will marry. Octavius can think of nothing which would make him happier. As they discuss this matter, Ramsden warns the young poet against the latter's friend, John Tanner, author of the notorious Revolutionist's Handbook. Ramsden prides himself on being an advanced thinker and liberal but regards Tanner as an immoral person. If Ramsden indeed is to be the guardian of the lovely Ann, he will see to it that Tanner is kept away from her.
At this point, the object of Ramsden's disapproval appears. Jack Tanner, an attractive and obviously superior young man, is in a state of near-panic. As he excitedly informs Ramsden, both he and the latter have been appointed by Whitefield's will to act as Ann's guardians. Ironically, Tanner, to whom Ramsden is hopelessly old-fashioned, was responsible for his own appointment, one which he dreads. He had advised Mr. Whitefield to team Ramsden up with a younger man, not dreaming that he would be White-field's choice. He pleads with Ramsden to get him out of this predicament, arguing that Ann is anything but the weak, dutiful young woman. He sees her as willful and hypocritical and declares that she will "commit every crime a respectable woman can." Ramsden himself states emphatically that he will refuse to act as guardian with Tanner. But the younger man prophesies that neither one of them will escape the obligations which have been forced upon them. Octavius is as appalled at Tanner's unflattering description of Ann as an unscrupulous siren as Ramsden is at Tanner's political views. To him she is a goddess, nor can anything that Tanner says convince him that she is not divine. For the naive Octavius, she is the "reality of romance."