Multiple choice

The marked price of an article is 10% higher than the cost price. A discount of 10% is given on the marked price. In this kind of sale, the seller bears किसी वस्तु का अंकित मूल्य उसकी लागत मूल्य से 10% अधिक है | अंकित मूल्य पर 10% की छूट दी जाती है | इस प्रकार की बिक्री में, विक्रेता को होता है ?

  1. loss of 5%

  2. loss of 1%

  3. profit of 1%

  4. No loss or no profit
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP = 100. MP = 110 (10% higher). After 10% discount, SP = 110 × 0.9 = 99. Loss = CP - SP = 100 - 99 = 1. This is a 1% loss on CP. Alternatively: Final factor = 1.1 × 0.9 = 0.99, indicating 1% loss.

Keep practicing — related questions