GRE Prep Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
A clothing store bought 100 shirts for $x. If the store sold
[#permalink]
19 Aug 2018, 03:38
19 Aug 2018, 03:38
1
Expert Reply
1
Bookmarks
00:00
Question Stats:
60% (01:07) correct
39% (01:10) wrong based on 110 sessions
Hide Show timer Statistics
A clothing store bought 100 shirts for $x. If the store sold all of the shirts at the same price for a total of $50, what is the store’s profit per shirt, in dollars, in terms of x?
(A) \(50 - \frac{x}{100}\)
(B) \(50 - x\)
(C) \(5 - x\)
(D) \(0.5 - x\)
(E) \(0.5 - \frac{x}{100}\)
(A) \(50 - \frac{x}{100}\)
(B) \(50 - x\)
(C) \(5 - x\)
(D) \(0.5 - x\)
(E) \(0.5 - \frac{x}{100}\)
Re: A clothing store bought 100 shirts for $x. If the store sold
[#permalink]
19 Oct 2018, 13:44
19 Oct 2018, 13:44
Hi!
How do you do the work for this problem? Anyone know?
How do you do the work for this problem? Anyone know?
Re: A clothing store bought 100 shirts for $x. If the store sold
[#permalink]
19 Oct 2018, 19:55
19 Oct 2018, 19:55
3
Expert Reply
ayesupatham wrote:
Hi!
How do you do the work for this problem? Anyone know?
How do you do the work for this problem? Anyone know?
Hi,
It is quite straightforward forward and you can do it in two ways..
1) Algebraic..
100 for X but sold for 50..
Thus overall profit is (50-x)..
But we are looking for profit per piece = \(\frac{50-x}{100}=0.5-\frac{X}{100}\)
E
2) substitute a value for X
Let X = 40
So profit = 50-40=10
Per piece = 10/100=0.1
Check choices for this answer..
Only E gives you 0.1 as answer 0.5-40/100=0.5-0.4=0.1
E
