A computer store offers employees a 20% discount off the retail price. If the store purchased a computer from the manufacturer for $1000 dollars and marked up the price 20% to the final retail price, how much would an employee save if he purchased the computer at the employee discount (20% off retail price) as opposed to the final retail price. Select:  A) $1,000  B) $960  C) $240  D) $200  E) $150
Cost price=1000   Profit=20% =20% of 1000=200   selling price=CP+ Profit   SP=1200   a Discount of 20% to employees means 20% off on 1200   so 20% of 1200= 240   so a employee thinks he saved 240..   Answer: $240
<result>C</result>
A computer store offers employees a 20% discount off the retail price. If the store purchased a computer from the manufacturer for $1000 dollars and marked up the price 20% to the final retail price, how much would an employee save if he purchased the computer at the employee discount (20% off retail price) as opposed to the final retail price.