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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%? A. 20% B. 30% C. 60% D. 66.66% Answer: Option C

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Solution(By Apex Team)

He gets 14% of loss that means he gets 86% of CP. Thus, Let the CP be Rs. 100 60% of 100 + 16.66% of 60% of 100 + 40% of 100 – x% of 40% of 100 = 86% of 100 70 + 40X = 86 40X = 86 – 70 = 16 X = $\frac{16}{40}$ X = 0.4 Hence, Loss = 1 – 0.4 = 0.6 = 60%

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