A bought a tape recorder for Rs. 8000 and sold it to B. B is then sold it to C, eachearning a profit of 20%. Which of the following is true:a) A and B earn the same profit amount.b) A carns more profit amount than B.c) A earns less profit amount than B.d) Cannot be decided.
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C) A earns less profit amount than B. is the correct answer.
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