Multiple choice

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?

  1. 10 percent

  2. 8 percent

  3. 14 percent

  4. 5 percent
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let total articles = 100. 60 sold at 20% loss means revenue = 60 × 0.8 = 48. 40 sold at 5% profit means revenue = 40 × 1.05 = 42. Total revenue = 48 + 42 = 90. Loss = 100 - 90 = 10, which is 10%. The answer is A.

Keep practicing — related questions