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 _____ ?

A.  loses 1%
B. Bears no loss no gain
C. gains
D. None of them

Explanation:

C.P = Rs. 100

Marked price = Rs. 110

S.P = 90% of Rs. 110 = Rs. 99

Loss = 1%

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