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If the loss percent on an article is 30%, then what is the ratio of the cost price and selling price?
- a)10 : 13
- b)13 : 10
- c)7 : 10
- d)10 : 7
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
If the loss percent on an article is 30%, then what is the ratio of th...
GIVEN:
Loss % = 30%
Loss % = 30%
FORMULA USED:
Loss % = loss / CP ⨯ 100
Loss % = loss / CP ⨯ 100
CALCULATION:
Loss% = loss/Cp ⨯ 100 = 30
⇒ (Cp – Sp)/Cp = 3/10
⇒ 10 ⨯ CP – 10 ⨯ SP = 3 ⨯ CP
⇒ 7 ⨯ CP = 10 ⨯ SP
∴ CP/SP = 10/7
Loss% = loss/Cp ⨯ 100 = 30
⇒ (Cp – Sp)/Cp = 3/10
⇒ 10 ⨯ CP – 10 ⨯ SP = 3 ⨯ CP
⇒ 7 ⨯ CP = 10 ⨯ SP
∴ CP/SP = 10/7
Most Upvoted Answer
If the loss percent on an article is 30%, then what is the ratio of th...
GIVEN:
Loss % = 30%
Loss % = 30%
FORMULA USED:
Loss % = loss / CP ⨯ 100
Loss % = loss / CP ⨯ 100
CALCULATION:
Loss% = loss/Cp ⨯ 100 = 30
⇒ (Cp – Sp)/Cp = 3/10
⇒ 10 ⨯ CP – 10 ⨯ SP = 3 ⨯ CP
⇒ 7 ⨯ CP = 10 ⨯ SP
∴ CP/SP = 10/7
Loss% = loss/Cp ⨯ 100 = 30
⇒ (Cp – Sp)/Cp = 3/10
⇒ 10 ⨯ CP – 10 ⨯ SP = 3 ⨯ CP
⇒ 7 ⨯ CP = 10 ⨯ SP
∴ CP/SP = 10/7
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Community Answer
If the loss percent on an article is 30%, then what is the ratio of th...
Calculation of Cost Price and Selling Price Ratio
Cost price (CP) = 100%
Loss percent = 30%
Selling price (SP) = 100% - Loss percent = 100% - 30% = 70%
Ratio Calculation
- The ratio of cost price and selling price is given by:
CP : SP = 100% : 70%
- Simplifying the ratio by dividing both sides by 10:
CP : SP = 10 : 7
Therefore, the ratio of the cost price and selling price is 10 : 7. Hence, option 'D' is the correct answer.
Cost price (CP) = 100%
Loss percent = 30%
Selling price (SP) = 100% - Loss percent = 100% - 30% = 70%
Ratio Calculation
- The ratio of cost price and selling price is given by:
CP : SP = 100% : 70%
- Simplifying the ratio by dividing both sides by 10:
CP : SP = 10 : 7
Therefore, the ratio of the cost price and selling price is 10 : 7. Hence, option 'D' is the correct answer.
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If the loss percent on an article is 30%, then what is the ratio of the cost price and selling price?a)10 : 13b)13 : 10c)7 : 10d)10 : 7Correct answer is option 'D'. Can you explain this answer?
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If the loss percent on an article is 30%, then what is the ratio of the cost price and selling price?a)10 : 13b)13 : 10c)7 : 10d)10 : 7Correct answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about If the loss percent on an article is 30%, then what is the ratio of the cost price and selling price?a)10 : 13b)13 : 10c)7 : 10d)10 : 7Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the loss percent on an article is 30%, then what is the ratio of the cost price and selling price?a)10 : 13b)13 : 10c)7 : 10d)10 : 7Correct answer is option 'D'. Can you explain this answer?.
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