Store N gives a 50 percent discount on the list price of all its items and Store W gives a 60 percent discount on...

Store N gives a 50 percent discount on the list price of all its items and Store W gives a 60 percent discount on the list price of all its items. If the list price of the same item is 20 percent higher in Store W, what percent (more or less) of the selling price in Store N is the selling price of the item in Store W?

A. 10% less
B. 4% less
C. 2% less
D. 10% more
E. 12% more

Answer: B

Source: Official Guide