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Question

30% loss on cost price is what percent loss on selling price?

Options:
A .  28.44 %
B .  38 %
C .  40.35 %
D .  42.85 %
E .  None of these
Answer: Option D
 -    Loss = 30% on CP i.e., 0.3CP
  ⇒ SP = 0.7CP Loss % on SP = loss/SP x 100
  = 0.3CP/0.7CP x 100 = 42.85%.

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