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## #1 2015-04-16 09:48:36

### Loss Percentage:

**Question:**

A man purchased the articles for Rs. 123684. He sold 60% of those at a profit of 16.66% and rest at a loss. Find the loss percentage on the remaining if the overall loss is 14%?

**Option A):**

60%**Option B):**

30%**Option C):**

20%**Option D):**

66.66%

**Correct Answer is Option A):**

60%

**Explanation:**

He gets 14% of loss that means he gets 86% of CP.

Thus,

Let the CP be Rs. 100.

60% of 100 + X *40% of 100 = 86% of 100

60 + 40X = 86

40X = 86 - 60 =16

X = 16/40

X = 0.4

Hence, Loss = 1 - 0.4 = 0.6 = 60%.

You cannot discover the new oceans unless you have the courage to lose the sight of the shore.

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## 2015-04-16 09:48:36

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### Re: Loss Percentage:

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