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SSC Sample Paper SSC CGL - Sample Paper-28

  • 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 \[=\frac{x\times 110}{100}=Rs.\frac{11x}{10}\] \[\therefore \]    \[SP=\frac{11x}{10}\times \frac{90}{100}=\frac{90x}{100}\] \[\therefore \] Required gain /loss per cent             \[=\frac{\frac{99x}{100}-x}{x}-100=-\,1%(loss)\]


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