A merchant marks his goods up by 75% above his cost price. What is the maximum % discount that he can offer so that he ends up selling at no profit or loss?
A) 75%
B) 47.65%
C) 300%
D) 42.85%
A merchant marks his goods up by 75% above his cost price. What is the maximum % discount that he can offer so that he ends up selling at no profit or loss?
A) 75%
B) 47.65%
C) 300%
D) 42.85%