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GRE Quantitative Reasoning QUESTION #8086
Question 1

In 1950, if the printing cost per newspaper was $0.05, what would have been the total cost of printing the average daily circulation?

[Note: From the graph, average daily circulation in 1950 was 520,000 newspapers]

  • $32,500
  • $26,000✔️
  • $23,500
  • $22,000
Correct Answer Explanation

Total cost = (number of newspapers) × (cost per newspaper)

Total cost $= 520{,}000 \times 0.05$

$= 520{,}000 \times \frac{5}{100} = 520{,}000 \times \frac{1}{20} = \frac{520{,}000}{20} = 26{,}000$

Therefore, the total cost would be $26,000.