A company's profit margin is 15% of its 0,000 revenue. What are the total costs?
Difficulty: Medium
About this MCQ
Medium GMAT item. Correct choice: B. 2,500.
- A. ,500
Why not A: “,500” is not 2,500.
- B. 2,500 ✓
- C. 2,500
Why not C: “2,500” is not 2,500.
- D. 7,500
Why not D: “7,500” is not 2,500.
Correct answer
B. 2,500
Explanation
2,500 (option B) is the accepted answer to “A company's profit margin is 15% of its 0,000 revenue. What are the total costs”. Option A (,500) is a different value from 2,500. Option C (2,500) is a different value from 2,500. Option D (7,500) is a different value from 2,500. Keep 2,500 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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