GMAT Problem Solving

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Source: GWD

Level: 0

A certain company sold 800 units of its product for $8 each and 1,000 units of its product for $5 each. If the company's cost of producing each unit of its product was $6, what was the company's profit or loss on the 1,800 units of its product?

  • A $1,600 loss
  • B $600 loss
  • C No profit or loss
  • D $600 profit
  • E $1,600 profit

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