Q80
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 = ?
A.
12%
B.
8%
C.
20%
D.
10%
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Cost price of tape recorder = Rs. 1500Marked price of tape recorder
Selling price of tape recorder