A retailer uses faulty balances to purchase and sell the goods. He use – InterviewSolution

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1.	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 25% more of what he pays for, while selling his goods to his customer he gives 25% less of. what he charges for. If he earns a profit of 16.67%, by minimum how much per cent does he mark up or discount the price?
Answer» 20, markup 30, discount 50, discount 25, markup Answer :B

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