# Out of the four options, only one is correct. Write the correct answer.A bought a tape recorder for Rs 8,000 and sold it to B . B in turn sold it to C, each earning a profit of 20%. Which of the following is true:A. A and B earn the same profit.B. A earns more profit than B.C. A earns less profit than B.D. Cannot be decided.

Cost Price of tape recorder for A = ₹8000

Cost price of tape recorder for B = 20% profit on cost price for A

= 8000 + 8000

= 20 × 80 + 8000

= 1600 + 8000

= ₹9600

Cost price of tape recorder for C = 20% profit on cost price for B

= 9600 + 9600

= 20 × 96 + 9600

= 1920 + 9600

= ₹11520

Here, profit for A = ₹1600

Profit for B = ₹1920

So, A earns less profit than B.

Hence, option (c) is correct.

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