The marked price of mustard oil is 10% more than its cost price. At what per cent less than the marked price should it be sold, to have no profit and no loss?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. .
Let cost price = ₹100
Marked price = ₹110
To sell at no profit, selling price = ₹100
Required % less = (10/110) × 100 =