Andrew Geller

Andrew Geller is a top GMAT tutor based out of New York City. Throughout his career he has successfully taught people from many different backgrounds, countries, and starting scores.

A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold for $1.20. How many units of the product must be sold before the revenue received equals the total expense of production, including the initial investment in equipment?

A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold for $1.20. How many units of the product must be sold before the revenue received equals the total expense of production, including the initial investment in equipment? A. 12,000 B. 14,500 C. […]

A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold for $1.20. How many units of the product must be sold before the revenue received equals the total expense of production, including the initial investment in equipment? Read the Full Article »

A manufacturer of a certain product can expect that between 0.3 percent and 0.5 percent of the units manufactured will be defective. If the retail price is $2,500 per unit and the manufacturer offers a full refund for defective units, how much money can the manufacturer expect to need to cover the refunds on 20,000 units?

A manufacturer of a certain product can expect that between 0.3 percent and 0.5 percent of the units manufactured will be defective. If the retail price is $2,500 per unit and the manufacturer offers a full refund for defective units, how much money can the manufacturer expect to need to cover the refunds on 20,000

A manufacturer of a certain product can expect that between 0.3 percent and 0.5 percent of the units manufactured will be defective. If the retail price is $2,500 per unit and the manufacturer offers a full refund for defective units, how much money can the manufacturer expect to need to cover the refunds on 20,000 units? Read the Full Article »

Of the land owned by a farmer, 90 percent was cleared for planting. Of the cleared land, 40 percent was planted with soybeans and 50 percent of the cleared land was planted with wheat. If the remaining 720 acres of cleared land was planted with corn, how many acres did the farmer own?

Of the land owned by a farmer, 90 percent was cleared for planting. Of the cleared land, 40 percent was planted with soybeans and 50 percent of the cleared land was planted with wheat. If the remaining 720 acres of cleared land was planted with corn, how many acres did the farmer own? A. 5,832 B.

Of the land owned by a farmer, 90 percent was cleared for planting. Of the cleared land, 40 percent was planted with soybeans and 50 percent of the cleared land was planted with wheat. If the remaining 720 acres of cleared land was planted with corn, how many acres did the farmer own? Read the Full Article »

Based on the rates above, how much would Company X charge a customer with a low-use contract for using 95 message units in a month?

Based on the rates above, how much would Company X charge a customer with a low-use contract for using 95 message units in a month? A. $9.30 B. $11.30 C. $12.88 D. $14.88 E. $16.18 Correct Answer: A Full explanation coming soon. Send us a note if you’d like this added to the express queue! You’ll find

Based on the rates above, how much would Company X charge a customer with a low-use contract for using 95 message units in a month? Read the Full Article »

Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually. What is the total amount of interest that Kevin earned on the two investments?

Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually. What is the total amount of interest that Kevin earned on the two investments? A. $880 B. $1,088 C. $1,253 D. $1,280 E. $1,296 Correct Answer: E Full

Kevin invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually. What is the total amount of interest that Kevin earned on the two investments? Read the Full Article »