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    The Marked Price Is 10% Higher Than the Cost Price
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The Marked Price Is 10% Higher Than the Cost Price

Question 17

Question 17

Multiple Choice

The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price. The seller _____


A) loses 11%
B) loses 1%
C) bears no loss, no gain
D) gains 9%
E) gains 9.5%

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