Question

if a merchant offers a discount of 28% on the marked price of his goods and thus ends up selling at cost price. What the %mark up ?

Answer 1

Answer:

Step-by-step explanation:

If the merchant offers a discount of 40% on the marked price, then the goods are sold at 60% of the marked price.

The question further states that when the discount offered is 40%, the merchant sells at cost price.

Therefore, selling @ 40% discount = 60% of marked price (M) = cost price (C)

profit discounts

or profit discounts

Answer 2

here is your answer.........