When a commodity is sold for $34.80, there is a loss of 2%. what is the cost price of the commodity?	Choose one
A) $46.40	B) $48	C) $42.60	D) $43.45	E) $52.60
s.p. = $34.80   loss = 2%   c.p. = 100*34.80/75= 
<gadget id="calculator">100*34.80/75</gadget>
<output>46.4</output>
$46.40   correct option is $46.40
<result>A</result>
When a commodity is sold for $34.80, there is a loss of 2%. what is the cost price of the commodity?