A retail appliance store priced a video recorder at 20 percent above the wholesale cost of $200. If a store employee applied the 20 percent employee discount to the retail price to buy the recorder, how much did the employee pay for the recorder?	Choose the correct option:
A) $ 198  B) $ 216  C) $ 192  D) $ 230  E) $ 240

Rationale: "wholesale cost of video recorder = 200 $ video recorder was priced at 20 percent above 200 = 240 $ % discount given by store employee = 20 emlpoyee paid = . 8 * 240 = 192 $ answer c"
Answer: C