A shopkeeper purchased an article at 20% discount on list price, he marked up his article in such a way that after selling the article at 20% discount, he gained 20% on SP. what % is SP of the list price?  Select:  A) 94  B) 95  C) 96  D) 97  E) 98
Let L.P = 100 ==&gt; C.P = 80. He gains 20% on S.P ==&gt; S.P = 96.   ANSWER:96
<result>C</result>
A shopkeeper purchased an article at 20% discount on list price, he marked up his article in such a way that after selling the article at 20% discount, he gained 20% on SP. what % is SP of the list price?