PLEASE EXPLAIN YOUR ANSWER!!

Mark decided to open a business selling handmade soap but needed to borrow $1,200.00 for supplies to start. He took at simple interest loan for 1 year at 10 percent. He sold each bar of soap for $4.00. How many bars of soap will he need to sell in 1 year to cover the amount to repay the loan and interest?

A. 120
B. 240
C. 330
D. 480​