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: D. 8,000.
- A. 8,000
Why not A: “8,000” is not 8,000.
- B. 2,000
Why not B: “2,000” is not 8,000.
- C. 2,000
Why not C: “2,000” is not 8,000.
- D. 8,000 ✓
Correct answer
D. 8,000
Explanation
8,000 (option D) is the accepted answer to “A company's profit margin is 15% of its 0,000 revenue. What are the total costs”. Option A (8,000) is a different value from 8,000. Option B (2,000) is a different value from 8,000. Option C (2,000) is a different value from 8,000. Keep 8,000 as the GMAT fact for this stem.
Source: Original practice question, MCQsHub
Tags: American Exams, Quant, GMAT, Business Math
Submitted by: MCQsHub Editorial
Related MCQs
- A company's profit margin is 30% of its 0,000 revenue. What are the total costs?
- A data set has a mean of 31 and consists of 4 numbers. If 3 of the numbers are 28, 27, 38, what is the remaini...
- A car travels at 75 miles per hour. How far does it travel in 2.5 hours?
- A jar contains only red and blue marbles in a ratio of 8:6. If there are 30 blue marbles, how many red marbles...
- What is 60% of 160?
- A company's profit margin is 15% of its 0,000 revenue. What are the total costs?