A certain used-book dealer sells paperback books at 3 times dealer’s cost and hardback books at 4 times dealer’s cost. Last week the dealer sold a total of 120 books, each of which had cost the dealer$1. If the gross profit (sales revenue minus dealer’s cost) on the sale of all of these books was$300, how many of the books sold were paper backs ?()
A.40
B.60
C.75
D.90
E.100