Last visit was: 11 Dec 2024, 05:48 It is currently 11 Dec 2024, 05:48
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
User avatar
Bunuel
User avatar
Math Expert
Joined: 02 Sep 2009
Last visit: 11 Dec 2024
Posts: 97,803
Own Kudos:
Given Kudos: 88,240
Products:
Expert reply
Active GMAT Club Expert! Tag them with @ followed by their username for a faster response.
Posts: 97,803
Kudos: 685,031
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
cantaffordname
Joined: 27 Mar 2019
Last visit: 14 Jun 2024
Posts: 155
Own Kudos:
Given Kudos: 85
Products:
Posts: 155
Kudos: 251
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
abhishekdadarwal2009
Joined: 04 Sep 2015
Last visit: 07 Dec 2022
Posts: 531
Own Kudos:
Given Kudos: 123
Location: India
WE:Information Technology (Computer Software)
Products:
Posts: 531
Kudos: 452
Kudos
Add Kudos
Bookmarks
Bookmark this Post
User avatar
Archit3110
User avatar
GMAT Club Legend
Joined: 18 Aug 2017
Last visit: 11 Dec 2024
Posts: 8,116
Own Kudos:
Given Kudos: 243
Status:You learn more from failure than from success.
Location: India
Concentration: Sustainability, Marketing
GMAT Focus 1: 545 Q79 V79 DI73
GPA: 4
WE:Marketing (Energy)
Products:
GMAT Focus 1: 545 Q79 V79 DI73
Posts: 8,116
Kudos: 4,493
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Bunuel
Alicia is producing a magazine that costs $3 per magazine to print. In addition, she has to pay $10,500 to her staff to design the issue. If Alicia sells each magazine for $10, how many magazines must she sell to break even?

A. 750
B. 1,000
C. 1,250
D. 1,500
E. 15,000

Printing cost- selling price = 0
3x+10500-10x=0
so 7x=10500
x= 1500
IMO D
avatar
Ananya1919
Joined: 11 Jan 2018
Last visit: 27 Feb 2020
Posts: 6
Own Kudos:
Given Kudos: 31
Posts: 6
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Tried solving it through logic and by eliminating options:

Given: Production cost as$3 per magazine + 10500 additional cost.
Also selling price is $10 per magazine.
Now for break even, we must recover the fixed $ 10500

Option A: 750 *10= 7500
Option B: 1000*10 = 10000
You can eliminate these two options at a glance.

Option C: 1250 *10= 12500
Do some math here: 3*1250 + 10500= 14250
Not getting the break even.

Option D: 1500 *10= 15000
3*1500 + 10500= 15000
Minimum magazine number achieved.

Hence, answer is D.
Moderator:
Math Expert
97803 posts