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Your Answer
A
B
C
D
E
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Source: Veritas Prep
Whenever Bianca travels to Italy, she brings back Gucci bags to sell to her friends. The bags she buys in Italy are purchased at a 60 percent discount off American prices. She sells the bags to her friends at a price 25 percent higher than what she paid for them. After one trip, she sells bags to her friends that would have cost $4,000 in American stores. What is Bianca's profit per bag?
A. $400
B. $600
C. $1,600
D. $2,200
E. $2,400
The OA is A
Whenever Bianca travels to Italy, she brings back Gucci bags to sell to her friends. The bags she buys in Italy are purchased at a 60 percent discount off American prices. She sells the bags to her friends at a price 25 percent higher than what she paid for them. After one trip, she sells bags to her friends that would have cost $4,000 in American stores. What is Bianca's profit per bag?
A. $400
B. $600
C. $1,600
D. $2,200
E. $2,400
The OA is A