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 15% more of what he pays for, while selling his goods to his customer he gives 8% less of what he charges for. Not only this, he marks up his goods by 20% and then to please his customer he offers her 42.84% discount on the marked price. How much profit or loss percentage does he make?

Answer»

14.28, profit
16.67, profit
14.28,loss
20, loss

Answer :C


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