The marked price of an item is 25% more than that of its cost price. If a discount of 10% is given on the marked price, then the gain percentage is:

1
\(10\frac{1}{2}\%\)
2
\(9\frac{1}{2}\%\)
3
\(13\frac{1}{2}\%\)
4
\(12\frac{1}{2}\%\)

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