Question:
A man purchased the articles for Rs. 123684. He sold 60% of those at a profit of 16.66% and rest at a loss. Find the loss percentage on the remaining if the overall loss is 14%?

Option A):
60%
Option B):
30%
Option C):
20%
Option D):
66.66%

Correct Answer is Option A):
60%

Explanation:
He gets 14% of loss that means he gets 86% of CP.
Thus,
Let the CP be Rs. 100.
60% of 100 + X *40% of 100 = 86% of 100
60 + 40X = 86
40X = 86 - 60 =16
X = 16/40
X = 0.4
Hence, Loss = 1 - 0.4 = 0.6 = 60%.