Business Mathematics MCQ: Simran bought pet food worth Rs. 56000. She then sold 1/3rd of it incurring a loss of 40%. What profit she must earn on rest of the supplies to nullify this loss?

Simran bought pet food worth Rs. 56000. She then sold 1/3rd of it incurring a loss of 40%. What profit she must earn on rest of the supplies to nullify this loss?

Correct Answer: 20%

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