What should be the minimun mark up percentage such that after giving the discount of 200/3% ., there will neither a loss nor a profit ?
Choose the correct option:
A) 133.3%  B) 100%  C) neither gain nor loss  D) 200%  E) 120%
Let CP = 100.   Discount = 200/3%.   Let 200% was the mark up.   MP = 100 + 200% of 100 = 300.   Now, after discount   300 - (200/3)% of 300   = 300 - 200= 
<gadget id="calculator">300 - 200</gadget>
<output>100</output>
100.   So, in transaction neither gain nor loss occurs.   ANSWER - OPTION neither gain nor loss
<result>C</result>
What should be the minimun mark up percentage such that after giving the discount of 200/3% ., there will neither a loss nor a profit ?