If \((2^N) (3^K) (5^8)\) is equal to one percent of \(60^{10} \), then what is the value of \(N - K?\)

[Vincen]

If \((2^N) (3^K) (5^8)\) is equal to one percent of \(60^{10} \), then what is the value of \(N - K?\)

A) 7
B) 8
C) 12
D) 14
E) 15

Answer: B

Source: EMPOWERgmat