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