The marked price of an article is 10% more than the cost price and a discount of 10% is given on the marked price. The seller has
When two similar items are sold at same price, one at a gain and other at a loss of same percent. Then always a loss will be occurred.
Loss % = (Common Loss and Gain Percent / 10)2
= (10/10)2
= (1)2
= 1
So, Loss will be 1%.