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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 `x%` more of what he pays for, while selling his goods to his customer he gives `20%` less of what he charges for. Further he marks up his goods by `20%`. If he earns a profit of `50%`, what is x?

A

25

B

20

C

10

D

0

Text Solution

Verified by Experts

The correct Answer is:
D
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