If a merchant offers a discount of 40% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up? (Answer in Percent)

If a merchant offers a discount of 40% on the marked price of his good

1.	If a merchant offers a discount of 40% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up? (Answer in Percent)
A.	66.66
B.	58.33
C.	28.57
D.	40
Answer» B. 58.33

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If a merchant offers a discount of 40% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up? (Answer in Percent)

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