$40$ % loss on CP is what percent loss on SP?

60

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66.67

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70

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None

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Solution

The correct option is B $66.67$ %
Loss $= 40$ % of CP is $0.4$ CP $\Rightarrow$ SP $= 0.6$ CP
Loss % on
SP $= \frac{l o s s}{S P} \times 100 = \frac{0.4 C P}{0.6 C P} \times 100 = \frac{2}{3} \times 100 = \frac{200}{3} = 66.67$ %

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If CP = Rs 550 and SP = 520 then loss percent is:

= 125

S P = 96

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\frac{100}{(100 - loss %)} \times SP = . . . . . . .

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