Question

An article is at 10% more than the CP.If discount of 10% is allowed then which of the following is right ?​

Answer 1

Answer:

1 % loss

Step-by-step explanation:

Let the cost price be y.

Marked price will be 110 y / 100

So 110 y / 100 x 10/100

1100 y = 10000

Y = 10000 / 1100

Y = 9.09

Now cost price y = 9.09

Marked price = 9.09 x 110 / 100 = 9.99 = 10

Selling price = 10 x 90 / 100 = 9

Now selling price is less than cost price.

So Loss = 9.09 – 9 = 0.09

So loss percent = loos / c.p x 100

                     = 0.09 / 9.09 x 100 = 0.99 or 1%

So the loss is 1%

Answer 2

Step-by-step explanation:

CP a

MP ax 110/100 = 110a/100

profit or loss = 110a/100 x 10/100

1100a = 10000

a 9.09

CP (a) = 9.09

MP 9.09x 110/100 = 10

SP =10 x 90/100 = 9

SP CP

So loss =

9.09-9 0.09

In percent = 0.09/9.09 x 100 = 1%

So b. 1% loss