A trademan marks his goods at 20% above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit per cent.

A trademan marks his goods at 20% above the cost price. He allows his customers a discount of 8% on marked price. Find out his profit per cent.
1). 12%
2). 10.4%
3). 8.6%
4). 8.2%

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