GMAT Problem Solving

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Source: GWD

Level: 0

A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold for $1.20. How many units of the product must be sold before the revenue received equals the total expense of production, including the initial investment in equipment?

  • A 12000
  • B 14500
  • C 15230
  • D 18000
  • E 20000

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