Company A’s gross profit from producing and selling 1,000 units of its product was what...

Admission Tests GMAT Question Answer

Company A’s gross profit from producing and selling 1,000 units of its product was what fraction of its cost of producing the 1,000 units?

Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.

Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.

BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

EACH statement ALONE is sufficient.

Statements (1) and (2) TOGETHER are NOT sufficient.

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