Question

A shopkeeper marks his goods 10% more than their cost price and allows a discount of 10%. His gain or lose percent is:

Answer 1

100 i.e 1%

m.p ,c.p + 10% of c.p

let=c.p =100

discount=10% on m.p

discount =11 rupees

s.p 110 =11=99 rupees

1055% (c.p -s.p )

100 /c.p (100 -99)*100/100

So discount i.e1