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GMAT

A company's profit is calculated as revenue minus costs. If revenue is 0;000 and profit margin is 20%; what are the total costs?

Correct answer

A. 0;000

Explanation

Profit = 20% of revenue = 0.20 × 0;000 = 0;000. Costs = Revenue - Profit = 0;000 - 0;000 = 0;000.

Submitted by: MCQsHub Editorial

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