Question

an article is 18% more than the CP if discount of 10 per sent is allowed then which of the following is right one percent gainone percent. no gain no lost. one point one percent loss.

Answer 1

CP = 100

MP = 11800/100 = 118

Discount = 10%

118  x 90/100

= 106.20

Here he gained

106.2  - 100 = 6.2

In percent his gain = 6.2/100 x 100 = 6.2%

Sorry you check the question instead of 18 if it is 10% then you will get an answer 1% loss