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The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price. In this kind of sale, the seller = ?

1Gain 2%
2Bears no loss, no gain
3Gain 1%
4Loses 1%

Answer:- 1

Explanation:-

Solution:

Let the cost price of article be Rs. 100
∴ Marked price = Rs. 110
Discount % on marked price = 10%

$\eqalign{ & {\text{Selling price}} \cr & = \frac{{110 \times 90}}{{100}} \cr & = Rs.99\,\,i.e.,1\% \,\,loss \cr}$

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "

Solution:

Let the cost price of article be Rs. 100
∴ Marked price = Rs. 110
Discount % on marked price = 10%

$\eqalign{ & {\text{Selling price}} \cr & = \frac{{110 \times 90}}{{100}} \cr & = Rs.99\,\,i.e.,1\% \,\,loss \cr}$ ", "dateCreated": "7/24/2019 10:09:12 AM" } }

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