GMAT Quantitative Reasoning Practice Test 4

Question : 53 of 100

Marks: +1, -0

A baker sold all of his donuts for a total amount of 216 pounds. If on each donut the baker made a profit of

8 \%

of the cost, how much did it cost the baker to make all the donuts?

Solution:

If on each donut he made a profit of

8 \%

than he made the same profit on all of his donuts. That means that 216 pounds are

108 \%

of the cost, and

100 \%

is 200 pounds.

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