Mathematics
Medium
Question
A tradesman marks his goods 10% above his cost price. If he allows his customers 10% discount on the marked price. How much profit or loss does he make, if any ?
A
1% gain
B
1% loss
✓ Official correct answer
C
5% gain
D
No gain no loss
Community credibility
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A
1% gain
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B
1% loss
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C
5% gain
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D
No gain no loss
No member explanations yet for this option.