A) 5% gain
B) 2% gain
C) 1% loss
D) 3% loss
Correct Answer: C
Solution :
Let cost price \[=Rs.\,x\] Marked price \[=\frac{x\times 110}{100}=Rs.\frac{11x}{10}\] \[\therefore \] \[SP=\frac{11x}{10}\times \frac{90}{100}=\frac{90x}{100}\] \[\therefore \] Required gain /loss per cent \[=\frac{\frac{99x}{100}-x}{x}-100=-\,1%(loss)\]You need to login to perform this action.
You will be redirected in
3 sec