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SSC Sample Paper SSC CHSL (10+2) Sample Test Paper-16

  • question_answer
    A trader marks 10% higher than the cost price. He gives a discount of 10% on the marked price. In this kind of sales how much percent does the trader gain or lose?

    A) 5% profit                      

    B) 2% profit

    C) 1% loss             

    D) 3% loss

    Correct Answer: C

    Solution :

    Suppose the cost price = Rs. 100 M.P. = 110% of cost price = Rs. 110 Discount = 10% of 110 = Rs.11 \[S.P.=11Q-\text{ }11=Rs.99\] % loss\[=CP-SP=(100-99)%=\mathbf{1%}\]


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