If profit margin is 15%, what revenue is needed to achieve a profit of 150?

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Multiple Choice

If profit margin is 15%, what revenue is needed to achieve a profit of 150?

Explanation:
Profit margin shows what portion of revenue becomes profit. If the margin is 15%, then profit is 0.15 of the revenue. To reach a profit of 150, set 0.15 × revenue = 150 and solve for revenue: revenue = 150 ÷ 0.15 = 1000. So the needed revenue is 1000. Checking the other options would give different profits (900 → 135, 150 → 22.5, 1200 → 180), none matching 150.

Profit margin shows what portion of revenue becomes profit. If the margin is 15%, then profit is 0.15 of the revenue. To reach a profit of 150, set 0.15 × revenue = 150 and solve for revenue: revenue = 150 ÷ 0.15 = 1000. So the needed revenue is 1000. Checking the other options would give different profits (900 → 135, 150 → 22.5, 1200 → 180), none matching 150.

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