# The cost of manufacture of a tape recorder is ₹1500. The manufactur

| The cost of manufacture of a tape recorder is ₹1500. The manufacturer fixes the marked price 20% above the cost of manufacture. If the manufacturer wants to gain 8%, what is the rate of discount that can be allowed ?

A. 20%

B. 15%

C. 11%

D. 10%

### Right Answer is: D

#### SOLUTION

C.P. of tape recorder = Rs. 1500

Marked price

If discount percent be x%, then

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The cost of manufacture of a tape recorder is ₹1500. The manufactur