SSC CGL – Combined Graduate Level Examination · Question 51
A retailer sells an item for ₹Z with a loss of 12%. He then marks it at 0.9Z and gives a 10% discount. What is the overall loss percentage?
Show answer & explanation
Answer: (B) 28.7%
Explanation
Z = 0.88 CP; new SP = 0.9Z × 0.9 = 0.81Z = 0.7128 CP, a loss ≈ 28.7%.