GMAT Quantitative Reasoning Practice Test 2

Question : 20 of 100

Marks: +1, -0

A factory has a fixed cost of

\$ 45,000

a month, and a cost of

\$ 2.5

for every item produced. If the selling price of a single item is

\$ 5

, what is the number of items must be sold monthly for the factory to cover its cost exactly?

Solution:

To find the number of items sold that makes the revenues equal to the cost, solve the following equation:

\$ 45,000+\$ 2.5 × x, x=18,000

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