At what profit percent must an article be sold so that by selling at half that price, there may be a loss of 30%?

  • Option 1)

    25%

  • Option 2)

    30%

  • Option 3)

    40%

  • Option 4)

    42%

  • Option 5)

    36%

Answers (2)

Let SP = 100 ,       New SP = 50

  CP = \frac{50}{0.7}

P=100-\left ( \frac{500}{7} \right )=\frac{200}{7}

P\: ^{0}\! /_{0}=\frac{(\frac{200}{7})}{(\frac{500}{7})}=40\: ^{0}\! /_{0}

Let SP =100 , New SP=100/2 =50 ,loss %= 30% 

So CP = 100/(100-loss%) ×SP

100/70 ×50 =500/7

Profit = SP -CP  =100 -500/2 =200/7

Profit % = 200/7/7/500 ×100 = 40% ans

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