A) 5% gain
B) 2% gain
C) 1% loss
D) 3% loss
Correct Answer: C
Solution :
Let cost price = Rs. x. Marked price \[=\frac{x\times 110}{100}\] = Rs. \[\frac{11x}{10}\] \[\therefore \] Required gain / loss per cent \[=\frac{99x}{100}-x\times 100=-1%\](Loss)You need to login to perform this action.
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