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by silverflamein » Mon Nov 07, 2011 8:06 pm
A trading firm was engaged in the sale of a single product.It had to reduce the selling price of the product by 25%. By what percent should the number of units sold be increased, if the firm wants to increase the sale by 50% ?
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by shankar.ashwin » Mon Nov 07, 2011 8:27 pm
Say, the firm sells 100 units for $10 each.
Total = 100*100 = 10000.

Not cost reduces by 25%, so the firm now sells each unit for $75.
And the firm wants to increase revenue by 50%, or revenue should be 15000.

Now X*75 = 15000
X = 200.
100 to 200 is a 100% increase.
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by user123321 » Mon Nov 07, 2011 8:30 pm
silverflamein wrote:A trading firm was engaged in the sale of a single product.It had to reduce the selling price of the product by 25%. By what percent should the number of units sold be increased, if the firm wants to increase the sale by 50% ?
is it 100%?

user123321
Just started my preparation :D
Want to do it right the first time.
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by GmatKiss » Mon Nov 07, 2011 11:00 pm
silverflamein wrote:A trading firm was engaged in the sale of a single product.It had to reduce the selling price of the product by 25%. By what percent should the number of units sold be increased, if the firm wants to increase the sale by 50% ?
Is there any reason for not posting the Q with the answer choices????
what is the source of this question??
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by DanaJ » Tue Nov 08, 2011 1:02 am
Ugh... It seems that every day, when I wake up, I see a few posts flagged for not having the underlined part underlined (in SC) or missing something like the OA or source or the answer... Guys, please, be a little more understanding.

I really dislike it when I see these huge red fonts on pages, because it makes me feel like you're shouting off the page. I believe there's a better way of doing this, like explaining to the original poster that it's best to underline the part of the sentence or provide answers or whatever it is that's wrong. You need to understand that not everyone is as experienced in the GMAT as some of our top members are (and I definitely thank each and every one of you for your contributions), so they might need a bit of a nudge in the right direction. Most people will react positively if you politely point out they've made a mistake, but I can see them fleeing our community if we "shout" at them.

Thanks for your understanding and thanks for helping us keep our community the way it is: a friendly group of people helping each other through the b school application process!
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by saketk » Tue Nov 08, 2011 9:59 am
Similar post made in this thread as well.

https://www.beatthegmat.com/sc-tough-one ... tml#424737
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by DanaJ » Tue Nov 08, 2011 10:54 am
Yeah saw that... I've sent a PM. I really hope people can be more understanding!

And guys, please: if you see a question that's not underlined or if the formatting is off, I'd rather you flag it and signal it to me (I can edit all posts on this forum) than write in big fonts that are just "shouting off the page."
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