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Profit, Loss and Discount · UPSC CDS/OTA · Question 7 of 30

Profit, Loss and Discount: A dealer gives as much discount (in per cent) as the markup (in per cent) above the cost price. What is the profit or loss percent?

Step-by-step solution. Profit, Loss and Discount for UPSC CDS/OTA.

Topic
Profit, Loss and Discount
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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Q · Profit, Loss and DiscountMedium · 45s

A dealer gives as much discount (in per cent) as the markup (in per cent) above the cost price. What is the profit or loss percent?

TopicProfit, Loss and Discount
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Solution illustration 1Solution illustration 2
Final Answer: Option B - 1%
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A dealer gives as much discount (in per cent) as the… - Profit, Loss and Discount (Mathematics) Solved Question