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Company A sells 20 products, each at the price of $y. In order to ke
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26 Jun 2024, 01:54
26 Jun 2024, 01:54
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Question Stats:
85% (01:31) correct
14% (02:44) wrong based on 14 sessions
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Company A sells 20 products, each at the price of $y. In order to keep the revenue unchanged, by what percentage should the number of products sold increase if the price of each product falls by 20%?
A. 10%
B. 20%
C. 25%
D. 30%
E. 40%
A. 10%
B. 20%
C. 25%
D. 30%
E. 40%
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Free Materials for the GRE General Exam - Where to get it!!
Shorter GRE - Preparing for the Quantitative Reasoning Measure
Shorter GRE - Preparing for the Verbal Reasoning Measure
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Free Materials for the GRE General Exam - Where to get it!!
Shorter GRE - Preparing for the Quantitative Reasoning Measure
Shorter GRE - Preparing for the Verbal Reasoning Measure
Re: Company A sells 20 products, each at the price of $y. In order to ke
[#permalink]
26 Jun 2024, 12:01
26 Jun 2024, 12:01
1
Let new number of products be x
20y = 0.8yx
x = 25
5/20 x 100 = 25%
Adewale Fasipe, quant instructor from Lagos Nigeria.
20y = 0.8yx
x = 25
5/20 x 100 = 25%
Adewale Fasipe, quant instructor from Lagos Nigeria.
gmatclubot
Re: Company A sells 20 products, each at the price of $y. In order to ke [#permalink]
26 Jun 2024, 12:01
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