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Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-25

  • question_answer
    The marked price of an article is 10% more than the cost price and a discount of 10% is given on the marked price. In this kind of sale, the seller

    A)  bears no loss and no gain

    B)  gains 1 %

    C)  loss 1 %

    D)  None of the above

    Correct Answer: C

    Solution :

    Let CP be Rs. 100, then MP = Rs. 110 \[\therefore \]\[SP=90%of\,\,Rs.\,110=\,\,Rs.\left( \frac{90}{100}\times 110 \right)=\,\,Rs.99\]Loss = 1%


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