Free GMAT Practice Question

Question 1 of 1
ID: GMAT-PSQ-005
Section: Quantitative Reasoning - Problem Solving
Topic: Word Problem
Difficulty level: Medium

Practice Mode: Single selected Question » Back to Overview

The number of units sold, $N$, of a new product is expected to follow the relation $N=120-P$, where $P$ is the selling price per unit.
If the cost of manufacturing any number of units of the new product is constant, and is equal to \$2,000, what should be the maximum selling price of each unit so that there is neither profit nor loss?

A\$20
B\$60
C\$80
D\$100
E\$110
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