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GRE Prep Club Team Member
Joined: 20 Feb 2017
Posts: 2505
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GPA: 3.39
During 2005, a company produced an average of 2,000 products per month
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23 Nov 2021, 07:08
23 Nov 2021, 07:08
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Question Stats:
25% (03:09) correct
75% (03:26) wrong based on 4 sessions
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During 2005, a company produced an average of 2,000 products per month. How many products will the company need to produce from 2006 through 2008 in order to increase its monthly average for the period from 2005 through 2008 by 200% over its 2005 average?
(A) 148,000
(B) 172,000
(C) 200,000
(D) 264,000
(E) 288,000
(A) 148,000
(B) 172,000
(C) 200,000
(D) 264,000
(E) 288,000
Re: During 2005, a company produced an average of 2,000 products per month
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24 Nov 2021, 10:19
24 Nov 2021, 10:19
Expert Reply
200% more than 2,000 is 6,000 products per month.
Now, in order the monthly average, from 2005 through 2008, to be 6,000 products per month, the company should produce total of 6,000*48 products in these four years (48 months).
Since in 2005, the company produced total of 2,000*12 products, then from 2006 through 2008, the company should produce 6,000*48-2,000*12=2,000*12*(3*4-1)=2,000*12*11=264,000.
Answer: D.
Now, in order the monthly average, from 2005 through 2008, to be 6,000 products per month, the company should produce total of 6,000*48 products in these four years (48 months).
Since in 2005, the company produced total of 2,000*12 products, then from 2006 through 2008, the company should produce 6,000*48-2,000*12=2,000*12*(3*4-1)=2,000*12*11=264,000.
Answer: D.
gmatclubot
Re: During 2005, a company produced an average of 2,000 products per month [#permalink]
24 Nov 2021, 10:19
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