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