Source: Official Guide for GMAT Review 2016 Problem Solving; #109

1

The total cost for Company X to

The total cost for Company X to produce a batch of tools is $10,000 plus $3 per tool. Each tool sells for $8. The gross profit earned from producing and selling these tools is the total income from sales minus the total production cost. If a batch of 20,000 tools it produced and sold, then Company X's gross profit per tool is?

1 Explanation

1

Gravatar Mike McGarry, Magoosh Tutor

Aug 14, 2015 • Comment

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Official Guide for the GMAT 13th Ed.

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Official Guide for the GMAT 12th Ed.

Revised GRE PDF 2nd Ed.


Section 5.3 Problem Solving

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