A decorator bought a bolt of defective cloth that he judged to be 3/4 usable, in which case the cost would be $0.80 er usable yard. If it was later found that only 2/3 of the bolt could be used, what was the actual cost per usable yard?
A)$0.60
B)$0.90
C)$1.00
D)$1.20
E)$1.70
Word Problems
This topic has expert replies
- GMATGuruNY
- GMAT Instructor
- Posts: 15539
- Joined: Tue May 25, 2010 12:04 pm
- Location: New York, NY
- Thanked: 13060 times
- Followed by:1906 members
- GMAT Score:790
Let the bolt = the LCM of 4 and 3 = 12 yards.RiyaR wrote:A decorator bought a bolt of defective cloth that he judged to be 3/4 usable, in which case the cost would be $0.80 er usable yard. If it was later found that only 2/3 of the bolt could be used, what was the actual cost per usable yard?
A)$0.60
B)$0.90
C)$1.00
D)$1.20
E)$1.70
Amount judged to be usable = (3/4)(12) = 9 yards.
At a cost of 80 cents per usable yard, the amount paid for the 9 yards judged to be usable = 80*9 = 720 cents.
Actual amount of usable cloth = (2/3)(12) = 8 yards.
Since 720 cents was paid for 8 yards of usable cloth, the actual cost per usable yard = 720/8 = 90 cents.
The correct answer is B.
Private tutor exclusively for the GMAT and GRE, with over 20 years of experience.
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.
As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.
For more information, please email me (Mitch Hunt) at [email protected].
Student Review #1
Student Review #2
Student Review #3
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.
As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.
For more information, please email me (Mitch Hunt) at [email protected].
Student Review #1
Student Review #2
Student Review #3
- GMATinsight
- Legendary Member
- Posts: 1100
- Joined: Sat May 10, 2014 11:34 pm
- Location: New Delhi, India
- Thanked: 205 times
- Followed by:24 members
Question : what was the actual cost per usable yard?RiyaR wrote:A decorator bought a bolt of defective cloth that he judged to be 3/4 usable, in which case the cost would be $0.80 per usable yard. If it was later found that only 2/3 of the bolt could be used, what was the actual cost per usable yard?
A)$0.60
B)$0.90
C)$1.00
D)$1.20
E)$1.70
Let, Bought Bolts = 24X
Usable Bolts = 18X
Let 18X Bolts are sufficient for one Usable yard
i.e. using 18X Bolts per yard the cost per yard = $0.8
if only 2/3 bolts are Usable then for getting 18X bolts, we will have to buy Y bolts
where (2/3)Y = 18X
i.e. Y = 27X
Cost of buying 24X Bolts = $0.8
Cost of buying 27X Bolts = $0.8 x 27X /(24X) = $0.9
Answer: Option B
"GMATinsight"Bhoopendra Singh & Sushma Jha
Most Comprehensive and Affordable Video Course 2000+ CONCEPT Videos and Video Solutions
Whatsapp/Mobile: +91-9999687183 l [email protected]
Contact for One-on-One FREE ONLINE DEMO Class Call/e-mail
Most Efficient and affordable One-On-One Private tutoring fee - US$40-50 per hour
Most Comprehensive and Affordable Video Course 2000+ CONCEPT Videos and Video Solutions
Whatsapp/Mobile: +91-9999687183 l [email protected]
Contact for One-on-One FREE ONLINE DEMO Class Call/e-mail
Most Efficient and affordable One-On-One Private tutoring fee - US$40-50 per hour
GMAT/MBA Expert
- Scott@TargetTestPrep
- GMAT Instructor
- Posts: 7280
- Joined: Sat Apr 25, 2015 10:56 am
- Location: Los Angeles, CA
- Thanked: 43 times
- Followed by:29 members
RiyaR wrote:A decorator bought a bolt of defective cloth that he judged to be 3/4 usable, in which case the cost would be $0.80 er usable yard. If it was later found that only 2/3 of the bolt could be used, what was the actual cost per usable yard?
A)$0.60
B)$0.90
C)$1.00
D)$1.20
E)$1.70
We can let the total length of the cloth be 60 yards, so 3/4 x 60 = 45 yards were originally thought to be usable, and the cost of the cloth would be 0.8 x 45 = $36. However, since only 2/3 x 60 = 40 yards are actually usable, the cost per yard is 36/40 = $0.90.
Answer: B
Scott Woodbury-Stewart
Founder and CEO
[email protected]
See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews