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Discussion

  1. A vendor sells his articles at a certain profit percentage. If he sells his articles at 1/3 of his actual selling price,then he incurs a loss of 40%. What is his actual profit percentage?
    1. 72%
    2. 120%
    3. 80%
    4. none of these
  1. Correct Option: C

    Go through options C.

    After 80% profit on cost price 100 = 100 + 80% = 180
    New SP = 180 / 3 = 60
    percentage loss = 40% (100 - 60)
    Hence, (c) is correct choice.

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