GMAT Problem Solving
Home > GMAT Test > GMAT Problem Solving Questions
Next steps
- Use your browser's back button to return to your test results.
- Do more GMAT Problem Solving Questions.
Source: OG11th
Level: 3
The total cost for Company X to produce a batch of tools is $10,000 plus $3 per tool. Each tool sells for $8. The gross profit earned from producing and selling these tools is the total income from sales minus the total production cost. If a batch of 20,000 tools is produced and sold, then Company X's gross profit per tool is
- A 3
- B 3.75
- C 4.5
- D 5
- E 5.5