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A retailer uses faulty balances to purch...

A retailer uses faulty balances to purchase arid sell the goods. He uses his faulty balances in such a way that while buying the goods from wholesaler he gets `8%` more of what he pays for, while selling his goods to his customer he gives `10%` less of what he charges for..If he earns a profit of `28.56%,` by minimum how much per cent does he markup or discount the price?

A

6.67

B

10

C

12.5

D

none of these

Text Solution

Verified by Experts

The correct Answer is:
D
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