A person \(X\) sold an Item to \(Y\) at \(40\)% loss, then \(Y\) sold it to third person \(Z\) at \(40\)% profit and finally \(Z\) sold it back to \(X\) at \(40\)% profit. In this whole process what is the percentage loss or profit of X?
A.70 %
B.62.5 %
C.57.6 %
D.55 %
Answer:C
A person \(X\) sold an Item to \(Y\) at \(40\)% loss, then \(Y\) sold it to third person \(Z\) at \(40\)% profit and finally \(Z\) sold it back to \(X\) at \(40\)% profit. In this whole process what is the percentage loss or profit of X?
A.70 % B.62.5 % C.57.6 % D.55 %