A company's profit margin is 10% of its 0,000 revenue. What are the total costs?
Difficulty: Medium
About this MCQ
Medium GMAT item. Correct choice: C. 1,000.
- A. ,000
Why not A: “,000” is not 1,000.
- B. 1,000
Why not B: “1,000” is not 1,000.
- C. 1,000 ✓
- D. 9,000
Why not D: “9,000” is not 1,000.
Correct answer
C. 1,000
Explanation
1,000 (option C) is the accepted answer to “A company's profit margin is 10% of its 0,000 revenue. What are the total costs”. Option A (,000) is a different value from 1,000. Option B (1,000) is a different value from 1,000. Option D (9,000) is a different value from 1,000. Keep 1,000 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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