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A shopkeeper increases the original selling price of an item to its twice. The initial gain per cent is given as 8%. Find out the new gain…

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A shopkeeper increases the original selling price of an item to its twice. The initial gain per cent is given as 8%. Find out the new gain per cent.
  • A112 %
  • B116 %
  • C119 %
  • D123 %
Correct answer: B
0
CCommunity
116 %

New gain per cent = (100 + 8) 2 - 100
= 216 - 100 = 116%
0
CCommunity
Option (B)