The cost price of two fans is the same. One fan is sold at a loss of 20% and the other fan is sold at loss of 60%. What will be the overall loss percentage?

40%

Let the cost price of both the fans = 100

Then according to the question,

loss on first = 20%

and loss on second = 60%

then the selling price of first and second is 80% and 40% of the cost price respectively

so selling price of first = 80

selling price of the second = 40

So the loss percentage = (200 - (80+40))  × \(\frac{100}{200}\) = \(\frac{80}{200}\) × 100 = 40%