Solve the Problem. -A Retail Store Buys 120 VCRs from a Distributor at a Distributor

Multiple Choice

Solve the problem.
-A retail store buys 120 VCRs from a distributor at a cost of $200 each plus an overhead charge of $35 per order. The retail markup is 30% on the total price paid. Find the profit on the sale of one VCR.

A) $6,009.00
B) $60.00
C) $59.91
D) $60.09