GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
A computer store has fixed monthly operating costs of 5,000
[#permalink]
07 Jun 2017, 01:36
07 Jun 2017, 01:36
Expert Reply
00:00
Question Stats:
97% (00:59) correct
2% (01:05) wrong based on 92 sessions
Hide Show timer Statistics
A computer store has fixed monthly operating costs of 5,000 dollars. The store buys each computer for 600 dollars and sells each computer for 900 dollars. What is the least number of computers the store must sell each month to cover the fixed operating costs?
A) 14
B) 15
C) 16
D) 17
E) 18
Re: A computer store has fixed monthly operating costs of 5,000
[#permalink]
22 Jun 2017, 06:04
22 Jun 2017, 06:04
1
For one Computer,
CP = 600$
SP = 900$
hence the Profit per piece of computer = 300$
so to cover the operating cost of 5000$, total number of computer to be sold is => 5000/300 = 16.66== 17
therefore Option D.
CP = 600$
SP = 900$
hence the Profit per piece of computer = 300$
so to cover the operating cost of 5000$, total number of computer to be sold is => 5000/300 = 16.66== 17
therefore Option D.
Re: A computer store has fixed monthly operating costs of 5,000
[#permalink]
31 Jan 2018, 00:15
31 Jan 2018, 00:15
2
Given fixed cost 5000$
Buying price 600$
Selling price 900$
So the profit is = (900$-600$)= 300$
To cover the fixed cost they have to sell 5000/300= 16.66 ~ 17
So the answer is D.
Buying price 600$
Selling price 900$
So the profit is = (900$-600$)= 300$
To cover the fixed cost they have to sell 5000/300= 16.66 ~ 17
So the answer is D.
