find the cost price C of an article selling at S after a 30% loss
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find the cost price C of an article selling at S after a 30% loss
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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
%