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discount =50
A 100% mark up doubles the selling price.
Multiply the retail amount of the item by 0.2857 for 40% mark up. That number is the mark-up amount. Just subtract that number from retail amount and That is the cost. Learn how to write this equation and the multiplier of 50%, 75% and more at:www.mathtestingtutor.com
find cost price if selling price =600 and profit=20%
Cost Price=(100/(100-loss percent))* Selling Price