general math MCQ #649

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:

general math MCQ #649

  1. Question 1

    Q1. 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:

    • A) Bears no loss no gain
    • B) Gains
    • C) Loses 1%
    • D) None of these

    Answer: Loses 1%

    Explanation: The correct value is Loses 1%. Apply the formula or arithmetic step shown in the question and