A shopkeeper marks his goods at a price 20% higher than their cost price and allows 10% discount on every item. Find his gain percentage.

10% 10.5% 9% 8%

8%

Let the CP = 100 MP = 20% above the cost price means = 120 Discount = 10% ATQ, SP = 120 × \(\frac{9}{10}\)  = 108 Profit = 108 - 100 = 8%