Q101
The marked price of an article is 10% higher then the cost price. A discount of 10% is given on the market 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%
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Let cost price of article = Rs. 100