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A grocer purchased a quantity of bananas at 3 pounds for $0.
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01 Feb 2020, 00:03
01 Feb 2020, 00:03
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Question Stats:
100% (01:00) correct
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A grocer purchased a quantity of bananas at 3 pounds for $0.50 and sold the entire quantity at 4 pounds for $1.00. How many pounds did the grocer purchase if the profit from selling the bananas was $10.00?
(A) 40
(B) 60
(C) 90
(D) 120
(E) 240
(A) 40
(B) 60
(C) 90
(D) 120
(E) 240
Re: A grocer purchased a quantity of bananas at 3 pounds for $0.
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12 May 2020, 13:33
12 May 2020, 13:33
Expert Reply
costs/lb = 0.5/3
sp/lb = 1/4 = 0.25
so profit/lb = 0.25 - 0.5/3 = 0.25/3
so total profit = $10
no of lb = $10/(0.25/3) = 120lb.
sp/lb = 1/4 = 0.25
so profit/lb = 0.25 - 0.5/3 = 0.25/3
so total profit = $10
no of lb = $10/(0.25/3) = 120lb.
gmatclubot
Re: A grocer purchased a quantity of bananas at 3 pounds for $0. [#permalink]
12 May 2020, 13:33
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