Home
Class 14
MATHS
A tradesman marks his goods 10% above hi...

A tradesman marks his goods 10% above his price.If the allows his customers 10% discount on the marked price,how much profit or loss does he makes,if any?

A

1% gain

B

1 % loss

C

5% gain

D

No gain,no loss

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Similar Questions

Explore conceptually related problems

A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on the marked price, what profit per cent does he make?

A tradesman marks his goods 25% above the cost price and allows his customers 12 % reduction on their bills. What percent profit does he make?

A trader marks his goods at 40% above the cost price but allows a discount of 20% on the marked price. His profit percentage is

A tradesman marks his goods 30% more than the cost price. If he allows a discount of 20%, on the marked price, then his gain per cent is

A trader marks his goods 20% above the cost price.If he gives a discount of 10% on marked price,then find his gain percent.

A trader marks up his goods by 20% over the cost price, if he offers 10% discount over marked price what would be his profit per cent?