# What will the Percentage of Gain or Loss? If

A trader fixes selling price of commodities after increasing them by 10% and offers 10% discount on selling prices. The percentage gain or loss is

- 1% gain
- 0.9% gain
- 1.1% loss
- 1% loss

**Answer: (4) 1% loss
Explanation:-**

Let be the selling price is Rs.100

Increased by 10% = 100 + 100 x 10/100 = 100 + 10

= 110

He discount 10%

Then, selling price = 110 – 110 x 10 /100

= 110 – 11 = 99

Thus, 1% loss.

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