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. 6,000.
- A. 4,000
Why not A: “4,000” is not 6,000.
- B. ,000
Why not B: “,000” is not 6,000.
- C. 6,000 ✓
- D. 6,000
Why not D: “6,000” is not 6,000.
Correct answer
C. 6,000
Explanation
6,000 (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 (4,000) is a different value from 6,000. Option B (,000) is a different value from 6,000. Option D (6,000) is a different value from 6,000. Keep 6,000 as the GMAT fact for this stem.
Source: Original practice question, MCQsHub
Tags: American Exams, Quant, GMAT, Business Math
Submitted by: MCQsHub Editorial