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.
Envelopes can be purchased for $1.50 per pack of 100, $1.00
[#permalink]
04 Jan 2021, 10:27
04 Jan 2021, 10:27
Expert Reply
1
Bookmarks
00:00
Question Stats:
66% (01:54) correct
33% (01:44) wrong based on 12 sessions
Hide Show timer Statistics
Envelopes can be purchased for $1.50 per pack of 100, $1.00 per pack of 50, or $0.03 each. What is the greatest number of envelopes that can be purchased for $7.30?
A. 426
B. 430
C. 443
D. 460
E. 486
Kudos for the right answer and explanation
A. 426
B. 430
C. 443
D. 460
E. 486
Kudos for the right answer and explanation
Retired Moderator
Joined: 10 Apr 2015
Posts: 6218
Given Kudos: 136
Re: Envelopes can be purchased for $1.50 per pack of 100, $1.00
[#permalink]
05 Jan 2021, 09:41
05 Jan 2021, 09:41
Carcass wrote:
Envelopes can be purchased for $1.50 per pack of 100, $1.00 per pack of 50, or $0.03 each. What is the greatest number of envelopes that can be purchased for $7.30?
A. 426
B. 430
C. 443
D. 460
E. 486
Kudos for the right answer and explanation
A. 426
B. 430
C. 443
D. 460
E. 486
Kudos for the right answer and explanation
The 3 options:
$1.50 per pack of 100 = 1.5 cents per envelope
$1.00 per pack of 50 = 2 cents per envelope
$0.03 per individual envelope = 3 cents per envelope
Since the packs of 100 are the best value, let's buy as many of these as we can.
4 packs of 100 costs $6.00 (we still have $1.30 left to spend)
1 packs of 50 costs $1.00 (we still have $0.30 left to spend)
10 individual envelopes costs $0.30 (we've spent all of the money)
Number of envelopes purchased = 400 + 50 + 10 = 460
Answer: D
Cheers,
Brent
gmatclubot
Re: Envelopes can be purchased for $1.50 per pack of 100, $1.00 [#permalink]
05 Jan 2021, 09:41
Moderators:
