A fair price shopkeeper takes 10% profit on his goods. He lost 40% goods during theft. His loss percent is:  Answers
A) 72 %
B) 42 %
C) 34 %
D) 12 %
E) 22 %

Rationale: explanation : suppose he has 100 items . let c . p . of each item be re . 1 . total cost = rs . 100 . number of items left after theft = 60 . s . p . of each item = rs . 1.10 total sale = 1.10 * 60 = rs . 66 hence , loss % = 34 / 100 * 100 = 34 % answer : c
Answer: C