A vendor sells his articles at a certain profit percentage. If he sells his article at 1/3 of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?

A vendor sells his articles at a certain profit percentage. If he sell

1.	A vendor sells his articles at a certain profit percentage. If he sells his article at 1/3 of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?
A.	72%
B.	120%
C.	80%
D.	60%
Answer» D. 60%

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A vendor sells his articles at a certain profit percentage. If he sells his article at 1/3 of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?

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