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Q:

The marked price of an article is 10 % higher than cost price. A discount of 10 % is given on marked price. In this kind of sale, the seller bears: 

  • 1
    no loss no gain
  • 2
    a loss of 5 %
  • 3
    again of 1 %
  • 4
    a loss of 1 %
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Answer : 4. "a loss of 1 % "

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