Practicing Success
If 60 percent of total articles are sold at a loss of 20 percent and remaining articles are sold at a profit of 5 percent, then what will be the overall loss percentage? |
10 percent 8 percent 14 percent 5 percent |
10 percent |
Let the total quantity = 100 60% = 60 sold at 20% loss and 40% = 40 sold at 5% profit CP SP 60% 60 48 40% 40 42 —————————————— 100 90 Loss = 100 - 90 = 10 Loss% = \(\frac{10 × 100}{100}\) = 10% |