Fiona wants to sell a local advertising calendar. There are 1,000 households in her community, and she estimates that 30 percent will buy a calendar. The printing company will charge a $100 setup fee, and calendars will cost $4.00 each to print. What price will she need to charge to cover all costs and make a $500 profit?
A.
$6.00
B.
$7.00
C.
$8.00
D.
$9.00
E.
$10.00
Answer: A