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%You need to login to perform this action.
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