A shopkeeper marks an article at a place 20% higher than its cost price and allows 10% discount. Find his gain percentage.

9.5% 8% 9% 10%

8%

Let , Cost price =  Rs. 100x According to the question,  Marked price =  Rs. 120x Again, Discount = 10% Selling price = 90% of MP = 90% of 120 = Rs. 108 Now , Gain% =  \(\frac{108 - 100}{100}\) × 100 = 8%