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A retailer uses faulty balances to purch...

A retailer uses faulty balances to purchase and sell the goods. He uses his faulty balances in such a way that while buying the goods from wholesaler he gets `20%` more of what he pays for, while selling his goods to his, customer he gives `x%` less of what he charges for. If he sell his goods at the cost price and earns `33.33%` profit, What is x ?

A

10

B

11.11

C

9.09

D

13.33

Text Solution

Verified by Experts

The correct Answer is:
A
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