SSC Sample Paper Mock Test-20 SSC CGL Tear-II Paper-1

  • question_answer
    The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind of sale, the seller bears

    A) no loss, no gain

    B)  a loss of 5%

    C)  a gain of 1%    

    D)  a loss of 1%

    Correct Answer: D

    Solution :

    Let the CP of article be Rs. 100. \[\therefore \]      Marked price = Rs. 110 After 10% discount, SP = 90% of Rs. 110 = Rs. 99 \[\therefore \]      Loss = Rs. 1 i.e., 1%


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