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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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