The cost of manufacturing of a tape recorder is Rs. 1500. The manufacturer fixes

Question

The cost of manufacturing of a tape recorder is Rs. 1500. 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 . 8%

C . 20%

D . 10%

Answer: Option D

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