The cost of manufacture of a tape recorder is Rs.1,500. The manufacturer fixes t

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The cost of manufacture of a tape recorder is Rs.1,500. The manufacturer fixes the marked price 20% above the cost of manufacture and allows a discount in such a way as to get a profit of 8%. The rate of discount is

Options:

A . 12%

B . 20%

C . 10%

D . 8%

Answer: Option C
Answer: (c)Marked price of tape recorder= ${1500 × 120}/100$ = Rs.1800Gain = ${1500 × 8}/100$ = Rs.120Discount = 1800 - (1500 + 120) = Rs.180Let Discount per cent = x%, then${1800 × x}/100$ = 180 ⇒ x = 10%Method 2 :If the discount be x%, then$20 - x - {20x}/100$ = 8$20 - {6x}/5 = 8$${6x}/5$ = 20 - 8 = 12$ x = {12 × 5}/6$ = 10%

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