If a retailer offers a discount of 32% on the marked price of his goods and thus ends up selling at cost price, what was the % markup price?
Let marked price = $$Rs. 100$$
Discount % = 32%
=> Selling price = $$100 - (\frac{32}{100} \times 100)$$
= $$100 - 32 = Rs. 68$$
According to ques, => Cost price = Selling price = Rs. 68
$$\therefore$$ Markup % = $$\frac{100 - 68}{68} \times 100$$
= $$\frac{800}{17} = 47.05\%$$
=> Ans - (B)
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