If 60% discount is offered on the marked price and selling price becomes equal to cost price then what was the % mark up?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 150
Let M.P. be 100 units
S.P. = 
= 40 units
ATQ,
C.P. = 40
⇒ % markup = 
= 150%