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 ?

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Mathematics

asked Sep 07, 2023 at 09:12

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Answer 1

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Let the cost price be Rs. 100. So market price = 100 + 10% of 100 = 110 Selling price = 110 - 10% of 110 = 99. So, net loss = 1%

answered Sep 07, 2023 at 09:12

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Answer 2

Let the cost price be Rs. 100. So market price = 100 + 10% of 100 = 110 Selling price = 110 - 10% of 110 = 99. So, net loss = 1%

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