A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of :
A. 10 %
B. 10.5 %
C. 11 %
D. 12.5 %
Answer:A
A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of :
A. 10 % B. 10.5 % C. 11 % D. 12.5 %