A fair price shopkeeper takes 10% profit on his goods. He lost 60% goods during theft. His loss percent is:  Select the correct option
A) 72%
B) 42%
C) 56%
D) 12%
E) 22%
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 = 40.   S.P. of each item = Rs. 1.10   Total sale = 1.10 * 40 = Rs. 44   Hence, loss % = 56/100 * 100= 
<gadget id="calculator">56/100 * 100</gadget>
<output>56</output>
56%   Answer:56%
<result>C</result>
A fair price shopkeeper takes 10% profit on his goods. He lost 60% goods during theft. His loss percent is: