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 = ?

The cost of manufacturing of a tape recorder is Rs. 1500. The manufact

1.	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.	2%
B.	%
C.	0%
D.	0%
Answer» E.

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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 = ?

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