Even after a discount of q% on marked price a trader gains by p%. What is the markup percentage over the cost price?
A
p+q(q−p)×100
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B
p+q(100−p)×100
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C
p+q(100−q)×100
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D
Not possible
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Solution
The correct option is Cp+q(100−q)×100 You can assume numbers. Marked price is 50% more than cost price and let the discount be 10%, then the profit is 35%. So 35+10(100−10)×100 gives you 50.