A shopkeeper increases the cost price of an item by 20% and offers a discount of 10% on this marked price. What is his percentage gain?

A shopkeeper increases the cost price of an item by 20% and offers a d

1.	A shopkeeper increases the cost price of an item by 20% and offers a discount of 10% on this marked price. What is his percentage gain?
A.	15%
B.	12%
C.	10%
D.	8%
Answer» E.

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A shopkeeper increases the cost price of an item by 20% and offers a discount of 10% on this marked price. What is his percentage gain?

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