GRE Problem Solving Question 62

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Source: Kaplan

An antique dealer charges 20 percent more than his purchase price for any vase he sells. During a clearance sale, all items are marked 10 percent off. If the dealer sells a vase during the clearance sale, his profit on the vase (sale price minus purchase price) is what percent of his purchase price of the vase?

  • A 8%
  • B 9%
  • C 10%
  • D 11%
  • E 12%

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