Question
If the discount and profit percentage are both $20 \%$ by what percent is the marked price above the cost price?(A) $40 \%$(B) $50 \%$(C) $60 \%$(D) $70 \%$
Step 1
Step 1: Let's denote the cost price as $C$, the marked price as $M$, and the selling price as $S$. Show more…
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