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

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


1) 30%

2) 20%

3) 15%

4) None of these


Answer: 4

EXP:

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%.