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?
Difficulty: Medium
About this MCQ
Medium GMAT item. Correct choice: A. 0,000.
- A. 0,000 ✓
- B. 0,000
Why not B: “0,000” is not 0,000.
- C. 0,000
Why not C: “0,000” is not 0,000.
- D. 0,000
Why not D: “0,000” is not 0,000.
Correct answer
A. 0,000
Explanation
0,000 (option A) is the accepted answer to “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”. Option B (0,000) is a different value from 0,000. Option C (0,000) is a different value from 0,000. Option D (0,000) is a different value from 0,000. Keep 0,000 as the GMAT fact for this stem.
Source: Original practice question, MCQsHub
Tags: American Exams, Quant, GMAT, Business Math
Submitted by: MCQsHub Editorial
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