A Fruit Retailer Buys 50 Pounds of Apples from the Wholesale

Multiple Choice

A fruit retailer buys 50 pounds of apples from the wholesale market every day.The retailer has observed that 20 percent of the apples bought each time are not good quality.Because it is not possible for the retailer to check each apple before buying them,how much should he pay for each pound if he values good apples at $1.40 per pound and bad apples at $0 per pound?

A) $1.12 per pound
B) $1.20 per pound
C) $1.40 per pound
D) $2 per pound