# How will be seller affected by the Transaction? If

The 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:

- loses 1%
- gains 2%
- bears not loss, no gain
- gains 1%

**Answer: (1) loses 1%**

**Explanation:-
**Let the cost price of a piece = Rs. 100

The market price is 10% higher than the cost price.

Then, the market price of a piece = 100 + 100 x 10/100

= 100 + 10

= Rs. 110

He gave discount 10% on the market price,

Then, the selling price of a piece = 110 – 110 x 10/100

= 110 – 11

= 99

Loss = 100 – 99

= 1

Then, the percentage of loss is 1%.

Hence, the answer is (1) loses 1%.