Company X & Y-GMATPREP1
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Source: Beat The GMAT — Problem Solving |
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4meonly
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PROFIT = SELLING PRICE - COST
this is the main rule here
he question is P(x)>P(Y)?
(1)
Expences (costs) (X) = 5/6 * Expences (Y)
Nothing about profit of X and Y
ISUFFICIENT
(2)
Revenues (cost+profit margin) (X) = Revenues (Y) - 6 mill
Nothing about costs of X and Y
ISUFFICIENT
(1) and (2)
from (1) we know the ratio
from (2) we know the difference
It is not comparable things
ISUFFICIENT
ANSWER E
this is the main rule here
he question is P(x)>P(Y)?
(1)
Expences (costs) (X) = 5/6 * Expences (Y)
Nothing about profit of X and Y
ISUFFICIENT
(2)
Revenues (cost+profit margin) (X) = Revenues (Y) - 6 mill
Nothing about costs of X and Y
ISUFFICIENT
(1) and (2)
from (1) we know the ratio
from (2) we know the difference
It is not comparable things
ISUFFICIENT
ANSWER E
Thanks a lot! After your explanation, I tried to put both together using equations and they had 2 diff variables, neither of which could be solved for a value to get the other.
x = (5/6) * Y
X = Y - 6MM
x = (5/6) * Y
X = Y - 6MM
