If 60 % discount is offered on the marked pri | vedclass

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(C) Let the cost price $(C.P)$ be $Rs. 100$.Since the selling price $(S.P)$ is equal to the cost price,$S.P = Rs. 100$.$A$ discount of $60 \%$ is offe

Vedclass · Accepted Answer

$150$

Vedclass · Answer

(C) Let the cost price $(C.P)$ be $Rs. 100$.Since the selling price $(S.P)$ is equal to the cost price,$S.P = Rs. 100$.$A$ discount of $60 \%$ is offered on the marked price $(M.P)$,which means $S.P = M.P 	imes (100 - 60) \% = M.P 	imes 0.4$.Therefore,$100 = M.P 	imes 0.4$.$M.P = \frac{100}{0.4} = Rs. 250$.The mark up is the difference between $M.P$ and $C.P$,which is $250 - 100 = 150$.The percentage mark up is $\frac{M.P - C.P}{C.P} 	imes 100 = \frac{150}{100} 	imes 100 = 150 \%$.

If $60 \%$ discount is offered on the marked price and selling price becomes equal to cost price,then what was the percentage mark up?

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