A company's profit margin is 30% of its 0,000 revenue. What are the total costs?
Difficulty: Medium
About this MCQ
Medium GMAT item. Correct choice: B. 6,000.
- A. ,000
Why not A: “,000” is not 6,000.
- B. 6,000 ✓
- C. 6,000
Why not C: “6,000” is not 6,000.
- D. 4,000
Why not D: “4,000” is not 6,000.
Correct answer
B. 6,000
Explanation
6,000 (option B) is the accepted answer to “A company's profit margin is 30% of its 0,000 revenue. What are the total costs”. Option A (,000) is a different value from 6,000. Option C (6,000) is a different value from 6,000. Option D (4,000) 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
Related MCQs
- What is 60% of 160?
- A company's profit margin is 15% of its 0,000 revenue. What are the total costs?
- A car travels at 40 miles per hour. How far does it travel in 2 hours?
- A car travels at 65 miles per hour. How far does it travel in 0.5 hours?
- What is the greatest common factor (GCF) of 12 and 20?
- 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...