A trader sells widgets at a $120 each, which is 20% more than they cost from wholesales. How much is his gross profit?

A trader sells widgets at a $120 each, which is 20% more than they cost from wholesales. How much gross profit does the retailer earn after selling 8 widgets

A. $140

B. $148

C. $160

D. $172

E. $176

Can anyone help me on this one? #examsprep

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