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SSC Sample Paper Mock Test-19 SSC CGL Tear-II Paper-1

  • 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 per cent does the trader gain or loss?

    A) 5% gain

    B)  2% gain

    C)  1% loss

    D)  3% loss

    Correct Answer: C

    Solution :

    Let cost price = Rs. x. Marked price \[=\frac{x\times 110}{100}\] = Rs. \[\frac{11x}{10}\] \[\therefore \]      Required gain / loss per cent \[=\frac{99x}{100}-x\times 100=-1%\](Loss)


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