If a shopkeeper hikes the purchasing value of an item by 42% and holds a price of 42% on its sale, then know the total percentage gain or loss it will have?

If a shopkeeper hikes the purchasing value of an item by 42% and holds

1.	If a shopkeeper hikes the purchasing value of an item by 42% and holds a price of 42% on its sale, then know the total percentage gain or loss it will have?
A.	Profit of 16.64%
B.	Loss of 16.64%
C.	Loss of 17.64%
D.	17.64% profit
Answer» D. 17.64% profit

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If a shopkeeper hikes the purchasing value of an item by 42% and holds a price of 42% on its sale, then know the total percentage gain or loss it will have?

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