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Profit, Loss, Revenue, Cost, and Margin
Grade Level
GMAT
GMAT.065 Profit, Loss, Revenue, Cost, and Margin
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A company earns 40% of revenue from Segment 1 with margin m1 and 60% from Segment 2 with margin m2. Which relationship gives overall margin M?
A
M = m1 + m2
B
M = (m1 + m2)/2
C
M = 0.40m1 + 0.60m2
D
M = 0.60m1 + 0.40m2
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