If an article is marked 10% above cost price and if 10% discount is given there is....?
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Answer: 1%
Step-by-step explanation:
let CP = 100%
marked price is 10% above the CP
MP = 110%
10% Discount on MP
then, 10% of 110 is = 11
so 110 - 11 = 99%
final loss is 1%
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