Sally bought a dozen items at 120.00 per dozen. What will Sally have to sell each item for to generate a 15% profit?  Choose the correct option.
A) 10.15	B) 11.5	C) 15.0	D) 21.5	E) 150.0
C.P. is  120/12= 
<gadget id="calculator"> 120/12</gadget>
<output>10</output>
10   Desired profit=15%   The calculation for markup is (C.P.*desired profit/100)=10*15/100= 
<gadget id="calculator">10*15/100</gadget>
<output>3/2 = around 1.5</output>
1.5   The calculation for final sale price=C.P.+markup=10+1.5= 
<gadget id="calculator">10+1.5</gadget>
<output>11.5</output>
11.5   ANSWER:11.5
<result>B</result>
Sally bought a dozen items at 120.00 per dozen. What will Sally have to sell each item for to generate a 15% profit?