Multiple choice

If 70\% of total articles are sold at a loss of 50\% and remaining articles are sold at a profit of 70\%, then what will be the overall loss percentage?

  1. 15%

  2. 14%

  3. 16%

  4. 17%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Assume 100 articles, each costing Rs. 1. Total CP = Rs. 100. 70 articles sold at 50% loss → SP = 70 × 0.5 = Rs. 35. 30 articles sold at 70% profit → SP = 30 × 1.7 = Rs. 51. Total SP = Rs. 86. Loss = 100 - 86 = Rs. 14. Loss percent = (14/100) × 100 = 14%. Option A (15%) is close but incorrect. Option C (16%) and D (17%) overestimate the loss.

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