Question

Find the Cost Price C of an article selling at S after a 30% loss

Answer 1

Answer:

Given, C.P.=

100

70

×S.P.=0.7S.P.

Since S.P. > C.P, there is a profit

Profit % =

C.P

S.P.−C.P.

×100=

0.7C.P.

S.P−0.7S.P.

×100=42

7

6

%

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

Given,

C.P.=

100

70

×

S.P.=

0.7S.P.

Since S.P. > C.P, there is a profit

Profit %

=

C.P

S.P.−C.P.

×

100=

0.7C.P.

S.P−0.7S.P.

×

100=

42

7

6

%