BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Target Test Prep · GMAT

Choose how you want to prepare

Learn live with an expert or move at your own pace. Every option includes the complete TTP study system.

★★★★★5.0559 reviews
GMATLiveTeach 7 seats left
Chris Peckover
NEXT LIVE COHORT

Oct 13 to Jan 7, 2027

with Chris Peckover

Schedule
Tue, Thu · 8:00 to 10:00 PM ET
Included
40 live hours + 6 months of GMAT OnDemand
  • Live instruction and real-time questions
  • Class recordings and assigned practice
View class & enroll
Limited cohort · enrollment openTarget Test Prep
EALiveTeach 5 seats left
Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

with Logan Thompson

Schedule
Sun · 9:30 AM to 12:30 PM ET
Included
Live EA class + 6 months of EA OnDemand
  • Expert-led weekly online sessions
  • EA Masterclass access between classes
View EA class & enroll
Limited cohort · enrollment openTarget Test Prep
GMATOnDemand Start anytime
SELF-PACED MASTERCLASS

Target Test Prep GMAT OnDemand

Complete access from day one. Study on your schedule.

130-point score guarantee
$0to start then $127/mo
  • Personalized study plan and analytics
  • Thousands of lessons and practice questions

Compare the format, schedule, and included access before enrolling. Prices and seat counts shown reflect the supplied offer details.

A marketer bought \(N\) crates of empty cardboard gift boxes

Expert replies
by AAPL » Fri Jul 12, 2019 4:28 am

Timer

00:00

Answers

A

B

C

D

E

Stats

Difficulty

Magoosh

A marketer bought \(N\) crates of empty cardboard gift boxes. Each crate held \(Q\) individual gift boxes, and the lot of \(N\) crates was purchased at a wholesale price of \(W\) dollars. This marketer will sell collections of \(J\) cardboard gift boxes to retailers, at a price of \(P\) dollars for each collection. (Note: \(J\) is a divisor of \(Q\)). The marketer knows that when he has sold all the cardboard gift boxes this way, he wants to net a total profit of \(Z\) dollars on the entire transaction. What price \(P\) must he charge, to net this profit? Express \(P\) in terms of \(N, Q, W, J\), and \(Z\).

A. \(\frac{J(Z - W)}{NQ}\)

B. \(\frac{J(Z + W)}{NQ}\)

C. \(\frac{Q(Z - W)}{NJ}\)

D. \(\frac{Q(Z + W)}{NJ}\)

E. \(\frac{N(Z - W)}{QJ}\)

OA B
Join the discussion
Source: — Problem Solving |

by Jay@ManhattanReview » Mon Jul 15, 2019 8:38 pm
AAPL wrote:Magoosh

A marketer bought \(N\) crates of empty cardboard gift boxes. Each crate held \(Q\) individual gift boxes, and the lot of \(N\) crates was purchased at a wholesale price of \(W\) dollars. This marketer will sell collections of \(J\) cardboard gift boxes to retailers, at a price of \(P\) dollars for each collection. (Note: \(J\) is a divisor of \(Q\)). The marketer knows that when he has sold all the cardboard gift boxes this way, he wants to net a total profit of \(Z\) dollars on the entire transaction. What price \(P\) must he charge, to net this profit? Express \(P\) in terms of \(N, Q, W, J\), and \(Z\).

A. \(\frac{J(Z - W)}{NQ}\)

B. \(\frac{J(Z + W)}{NQ}\)

C. \(\frac{Q(Z - W)}{NJ}\)

D. \(\frac{Q(Z + W)}{NJ}\)

E. \(\frac{N(Z - W)}{QJ}\)

OA B
Total no. of individual gift boxes = NQ;

Amount paid to buy \(N\) crates of empty cardboard gift boxes = $W;

Total no. of collections = NQ/J;

Total sales = $(NQ/J)*P;

Profit = (NQ/J)*P - W = Z

=> P = J(Z + W)/NQ

The correct answer: B

Hope this helps!

-Jay
_________________
Manhattan Review GMAT Prep

Locations: GMAT Manhattan | GRE Prep Courses Austin | ACT Tutoring Tampa | Chicago IELTS Tutoring | and many more...

Schedule your free consultation with an experienced GMAT Prep Advisor! Click here.
Join the discussion

by Scott@TargetTestPrep » Fri Jul 26, 2019 11:07 am
AAPL wrote:Magoosh

A marketer bought \(N\) crates of empty cardboard gift boxes. Each crate held \(Q\) individual gift boxes, and the lot of \(N\) crates was purchased at a wholesale price of \(W\) dollars. This marketer will sell collections of \(J\) cardboard gift boxes to retailers, at a price of \(P\) dollars for each collection. (Note: \(J\) is a divisor of \(Q\)). The marketer knows that when he has sold all the cardboard gift boxes this way, he wants to net a total profit of \(Z\) dollars on the entire transaction. What price \(P\) must he charge, to net this profit? Express \(P\) in terms of \(N, Q, W, J\), and \(Z\).

A. \(\frac{J(Z - W)}{NQ}\)

B. \(\frac{J(Z + W)}{NQ}\)

C. \(\frac{Q(Z - W)}{NJ}\)

D. \(\frac{Q(Z + W)}{NJ}\)

E. \(\frac{N(Z - W)}{QJ}\)

OA B
Since J is a divisor of Q, Q/J gives us the number of collections of J gift boxes in one crate and Q/J * N = NQ/J gives us the number of collections of J gift boxes in N crates. So we can create the equation:

P * NQ/J - W = Z

P * NQ/J = Z + W

P = (Z + W) * J/(NQ)

P = J(Z + W)/(NQ)

Answer: B

Scott Woodbury-Stewart
Founder and CEO
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews

ImageImage
Join the discussion