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The marked price of an article is 10% mo...

The marked price of an article is 10% more than the cost price and a discount of 10% is given on the marked price. The seller has gain or loss

A

no gain and no loss

B

1% gain

C

1% loss

D

none of these

Text Solution

Verified by Experts

The correct Answer is:
C
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RS AGGARWAL-PROFIT AND LOSS -EXERCISE 10D ( Tick the correct answer in each of the following:)
  1. A bat is bought for Rs 120 and sold for Rs 105. The loss per cent is.

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  2. A bookseller sells a book for Rs.100, gaining Rs. 20. His gain per cen...

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  3. On selling an article for Rs.48 a shopkeeper loses 20%. In order to ga...

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  4. On selling an article at a certain price a man gains 10%. On selling t...

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  5. Bananas are bought at 3 for Rs. 2 and sold at 2 for Rs. 3. The gain pe...

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  6. If the selling price of 10 pens is the same as the cost price of 12 pe...

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  7. On selling 100 pencils a man gains the selling price of 20 pencils. Hi...

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  8. Ravi buys some toffees at 5 for a rupee and sells them at 2 for a rupe...

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  9. Oranges are bought at 5 for Rs. 10 and sold at 6 for Rs.15. His gain p...

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  10. By selling a radio for Rs. 950, a man loses 5%. What per cent shall he...

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  11. The selling price of an article is 6/5 of the cost price. The gain pe...

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  12. On selling a chair for Rs.720, a man loses 25%. To gain 25% it must be...

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  13. The ratio of cost price and selling price of an article is 20 : 21. Wh...

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  14. A man sold two chairs for Rs. 500 each. On one he gains 20% and on th...

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  15. The profit earned on selling an article for Rs.625 is the same as loss...

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  16. A man buys an article for Rs.150 and makes overhead expenses which are...

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  17. If an article is sold at a gain of 5 % instead of being sold at a loss...

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  18. A dealer lists his articles at 20% above cost price and allows a disco...

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  19. The marked price of an article is 10% more than the cost price and a d...

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  20. The price of watch including 10% VAT is Rs. 825. What is its basic pri...

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