# Find The Discount Between Marked Price And Cost Price

The marked price of an article is 10% higher than the cost price. A discount of 10% is given on the marked price. In this kind of sale , the seller bears

- No loss, no gain
- A loss of 5%
- A gain of 1%
- A loss of 1%

**Answer: (4) A loss of 1%**

**Explanation:-**

Let be the cost price of an article = Rs.100

A seller marked above 10% to the cot price,

Then, marked price = 100 + 100 x 10/100

= 100 + 10 = Rs.110

He gave 10% discount,

Then, the selling price of an article = 110 – 110 x 10/100

= 110 – 11 = Rs.99

Loss = 100 – 99 = Rs.1

Loss % = 1 x 100/100 = 1 %

Hence, the answer is (4) A loss of 1 %.