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Katrina has a wheat business. She purchases wheat from a lo
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30 Apr 2019, 01:28
30 Apr 2019, 01:28
Expert Reply
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Question Stats:
57% (01:54) correct
42% (02:30) wrong based on 7 sessions
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Katrina has a wheat business. She purchases wheat from a local whol esaler at a particular cost per pound. The price of the wheat at her stores is $3 per pound. Her faulty spring balance reads 0.9 pounds for a pound. Also, in the festival season, she gives a 10% discount on the wheat. She found that she made neither a profit nor a loss in the festival season. At what price did Katrina purchase the wheat from the wholesaler?
(A) 2.43
(B) 2.5
(C) 2.7
(D) 3
(E) 3.3
(A) 2.43
(B) 2.5
(C) 2.7
(D) 3
(E) 3.3
Re: Katrina has a wheat business. She purchases wheat from a lo
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04 May 2019, 21:34
04 May 2019, 21:34
1
.9( for faulty scale) *.9( for 10% discount) *3 ( price charged ) =x ( the Purchase price of wheat).
x=2.43
So, A
x=2.43
So, A
gmatclubot
Re: Katrina has a wheat business. She purchases wheat from a lo [#permalink]
04 May 2019, 21:34
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