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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: c
Explanation: He gets 14% of loss that means he gets 86% of CP.
Let 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
Loss = 1 – 0.4 = 0.6 = 60%

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