Manhattan 700 + Experts help needed

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by Anurag@Gurome » Thu Jan 20, 2011 4:09 am
btgyes wrote:In 2003 Acme Computer priced its computers five times higher than its printers. What is the ratio of its gross revenue for computers and printers respectively in the year 2003?

(1) In the first half of 2003 it sold computers and printers in the ratio of 3:2, respectively, and in the second half in the ratio of 2:1.
(2) It sold each computer for $1000.
Say, price of each computer is $C and price of each printer is $P.
Also assume that x and y are the number of computers and printers respectively sold in 2003.

Therefore, C = 5P
And gross revenue = (Cx + Py) = (5Px + Py) = (5x + y)P

Statement 1: From the ratio given, we cannot uniquely determine the number of computers and printers sold in 2003.

Not sufficient

Statement 2: C = 1000 => P = 200
No information on x and y.

Not sufficient

1 & 2 Together: We have no relevant new information that can help us to determine the value of x and y.

Not sufficient

The correct answer is E.
Anurag Mairal, Ph.D., MBA
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by btgyes » Thu Jan 20, 2011 6:53 am
thanks..