Quantitative Aptitude Profit and Loss

​A man sells his goods at 21% loss on selling price. Find actual loss%?

1
\(16\frac{44}{121}\%\)
2
\(17\frac{43}{121}\%\)
3
\(15\frac{2}{11}\%\)
4
\(11\frac{1}{11}\%\)

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