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Percent And Interest Problems, Word Problems

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by swerve » Sat Aug 07, 2021 7:53 am

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A

B

C

D

E

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A craftsman sold his identical handcrafted items at a profit of 20 percent. Had he charged 20 percent more per item, his profit per item would have been $9.6 more. What price did he charge, in dollars, for each item?

A. 24
B. 28.8
C. 40
D. 48
E. 57.6

The OA is D

Source: E-GMAT
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