A retail appliance store priced a video recorder at 20 percent above the wholesale cost of $200. If a store employee applied the 30 percent employee discount to the retail price to buy the recorder, how much did the employee pay for the recorder?
Select the correct option.
A) $ 198 B) $ 216 C) $ 220 D) $ 230 E) $ 168

Rationale: "wholesale cost of video recorder = 200 $ video recorder was priced at 20 percent above 200 = 240 $ % discount given by store employee = 30 emlpoyee paid = . 7 * 240 = 168 $ answer e"
Answer: E