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A customer asked the store manager for a 20% discount on the listed
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29 Sep 2021, 10:14
29 Sep 2021, 10:14
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A customer asked the store manager for a 20% discount on the listed price of a pen. Also, he wanted 2 pens free of cost for every 10 pens he will purchase. The manager agreed to his demand and made a profit of 20% on the cost price which is $\(x\).
A. Quantity A is greater
B. Quantity B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given
Quantity A |
Quantity B |
Listed price in terms of \(x\) |
1.55 |
A. Quantity A is greater
B. Quantity B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given
Retired Moderator
Joined: 19 Nov 2020
Posts: 326
Given Kudos: 64
GRE 1: Q160 V152
A customer asked the store manager for a 20% discount on the listed
[#permalink]
29 Sep 2021, 10:46
29 Sep 2021, 10:46
2
If \(p\) is price and \(x\) is cost, then profit will be \(10p-12x\)
it's 12x, as 2 pen items are not charged any price
hence, \((0.8*10p-12x)/12x=0.2\), \(8p=14.4x\) and \(p=1.8x\)
Quantity A: the listed price in terms of x is 1.8
Quantity B: 1.55
IMO answer is A
it's 12x, as 2 pen items are not charged any price
hence, \((0.8*10p-12x)/12x=0.2\), \(8p=14.4x\) and \(p=1.8x\)
Quantity A: the listed price in terms of x is 1.8
Quantity B: 1.55
IMO answer is A
KarunMendiratta wrote:
A customer asked the store manager for a 20% discount on the listed price of a pen. Also, he wanted 2 pens free of cost for every 10 pens he will purchase. The manager agreed to his demand and made a profit of 20% on the cost price which is $\(x\).
A. Quantity A is greater
B. Quantity B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given
Quantity A |
Quantity B |
Listed price in terms of \(x\) |
1.55 |
A. Quantity A is greater
B. Quantity B is greater
C. The two quantities are equal
D. The relationship cannot be determined from the information given
Re: A customer asked the store manager for a 20% discount on the listed
[#permalink]
29 Aug 2024, 04:28
29 Aug 2024, 04:28
Hello from the GRE Prep Club BumpBot!
Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
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Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
