After giving a discount of 20 % on an article | vedclass

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(C) Let the Cost Price $(C.P.)$ be $Rs. 100$.Since the shopkeeper gains $20 \%$,the Selling Price $(S.P.)$ is $Rs. 120$.Given that a discount of $20 \

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$50$

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(C) Let the Cost Price $(C.P.)$ be $Rs. 100$.Since the shopkeeper gains $20 \%$,the Selling Price $(S.P.)$ is $Rs. 120$.Given that a discount of $20 \%$ is offered on the Marked Price $(M.P.)$,we have $S.P. = M.P. 	imes (100 - 20) / 100$.$120 = M.P. 	imes 0.80$.$M.P. = 120 / 0.80 = Rs. 150$.The mark-up is the difference between $M.P.$ and $C.P.$Mark-up percentage $= ((M.P. - C.P.) / C.P.) 	imes 100$.Mark-up percentage $= ((150 - 100) / 100) 	imes 100 = 50 \%$.

After giving a discount of $20 \%$ on an article,a shopkeeper gains $20 \%$. What is the percentage mark-up?

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