If a shopkeeper hikes the purchasing value of an item by 46% and gives it a discount of 46% on the face value for selling it, then what the total percentage gain or loss will it have?

If a shopkeeper hikes the purchasing value of an item by 46% and gives

1.	If a shopkeeper hikes the purchasing value of an item by 46% and gives it a discount of 46% on the face value for selling it, then what the total percentage gain or loss will it have?
A.	21.16% profit
B.	20.04% Loss
C.	20.04% Profit
D.	21.16% Loss
Answer» E.

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If a shopkeeper hikes the purchasing value of an item by 46% and gives it a discount of 46% on the face value for selling it, then what the total percentage gain or loss will it have?

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