SSC CHSL 15 Nov 2015 Shift 1 Paper

Question : 124 of 199

Marks: +1, -0

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

Solution:

Let cost price = Rs. 100
Markup % = 10%
⇒ Marked price =

100 + ( 10/100 × 100)

100 + 10 = Rs. 110

After discount of 10%, Selling price =

110 − (10/ 100 × 110)

110 − 11 = Rs. 99

∵ C.P. > S.P.,⇒ Loss % =

(100−99)/100 ×100 = 1%

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