$A$ man purchased $120$ reams of paper at $Rs. 80$ per ream. He spent $Rs. 280$ on transportation,paid octroi at the rate of $40$ paise per ream,and paid $Rs. 72$ to a porter. In order to gain $8\%$ profit,he must sell each ream of paper for (in $Rs.$):
- A$90$
- B$87.5$
- C$89$
- D$85$
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