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by ronnie1985 » Fri Feb 03, 2012 9:37 am
Quite simple d/800 is answer
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by spartacus1412 » Wed Apr 25, 2012 11:50 pm
Answer is A

Cost price of each modem = d/1000

Selling price = CP + 25% of CP
SP = CP + (1/4)* CP
SP = (5/4)* CP
SP = (5/4)*(d/1000)
SP = d/800
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by spartacus1412 » Wed Apr 25, 2012 11:50 pm
Answer is A

Cost price of each modem = d/1000

Selling price = CP + 25% of CP
SP = CP + (1/4)* CP
SP = (5/4)* CP
SP = (5/4)*(d/1000)
SP = d/800
Its do or die this time!
Practise, practise and practise.
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by Ganesh hatwar » Tue Jul 31, 2012 1:36 am
DanaJ wrote:Source: Veritas Prep

A computer store originally bought 1,000 modems at a total cost of d dollars. If each modem was sold for 25 percent more than its original cost, what was the individual price, in terms of d, of each modem sold?

A) d/800
B) 5d/1000
C) 125d
D) d/1000 + 25
E) 125/1000d
]

1000 = d

sold = 1000= 25% of D +D

=1.25 d

d= 1000/1.25

so d = 8oo

only option with 800 is A

So A
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by surmilsehgal » Fri Aug 10, 2012 7:57 am
the answer is A
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by Navinag » Fri Sep 14, 2012 11:47 am
The problem statement could get a little tricky if analyzed carefully. It doesn't asks about selling price or the cost price. Do we assume that any reference to price means 'selling price' ?
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by sureshcpa » Sat Sep 29, 2012 4:23 am
1-1/4 x d/1000
= 5d/4000
= d/800
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by mparakala » Mon Dec 10, 2012 7:58 pm
Ans/ A
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by ritzzzr » Tue Feb 12, 2013 10:04 pm
A is the answer
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by rajeshsinghgmat » Fri Feb 15, 2013 7:16 am
A in answer.

Can someone explain the following fragment of the question ?

"...what was the individual price, in terms of d, of each modem sold?"

does the fragment mean "what was the individual price, of each modem sold ?

does the fragment mean "what was the individual (cost) price, of each modem sold ?

does the fragment mean "what was the individual (selling) price, of each modem sold ?

i have interpreted the fragment as --- "what was the individual (selling) price, of each modem sold ?" --- because there is no answer choice with "d/1000" as its value.

PLEASE EXPLAIN...
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by David@VeritasPrep » Fri Feb 15, 2013 4:46 pm
You are correct. It is the SELLING price. You can interpret this because it is talking about the price of each modem sold.

If the question wanted the "cost" it would have asked for the cost.

Also, they give you the cost in the question so they are not likely to ask for the cost.

Does the wording cause you a particular concern or is it just unclear?
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by Navinag » Fri Feb 15, 2013 8:12 pm
Wording is sufficiently clear, unless somebody wants to go too deep into the question, which is what I did previously. :-)
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by Tommy Wallach » Fri Feb 15, 2013 9:57 pm
Hey Prashant,

A good rule on plugging in questions is never pick anything that makes life too easy. This is because it's possible for more than 1 answer choice to get you the same value if you do so. Why? Imagine this scenario:

(A) 100s
(B) 10000/s

With these answer choices, if you plug in 10 for s, both will result in 1000. So don't pick 10. How would you know not to do that? By looking at the answer choices and noticing the preponderance of 10s, 100s, 1000s, etc.

In your case, Prashant, it's also possible that you made an arithmetic error somewhere. But if you didn't, and this was a situation where two answer choices got the same value, the problem was probably that you picked such a clean number (10,000), which you ought to avoid for just this reason.

-t

P.S. Everybody who keeps posting the same solution over and over, perhaps simply keep your triumph to your own page? There are multiple versions of the same explanation here! I'm excited that you got it and everything, but come on! : )
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by rajeshsinghgmat » Sat Feb 16, 2013 12:44 am
David@VeritasPrep wrote:You are correct. It is the SELLING price. You can interpret this because it is talking about the price of each modem sold.

If the question wanted the "cost" it would have asked for the cost.

Also, they give you the cost in the question so they are not likely to ask for the cost.

Does the wording cause you a particular concern or is it just unclear?
Yes, the wording of some of the questions is a cause of concern for me on the GMAT.
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by [email protected] » Sun Nov 24, 2013 2:49 am
Original Cost

1000 modems for d dollars

1 modem will be d/1000

Sold at 25% more than the original price which give us the equation- (d/1000)*1.25= d/800 Ans is A

DanaJ wrote:Source: Veritas Prep

A computer store originally bought 1,000 modems at a total cost of d dollars. If each modem was sold for 25 percent more than its original cost, what was the individual price, in terms of d, of each modem sold?

A) d/800
B) 5d/1000
C) 125d
D) d/1000 + 25
E) 125/1000d
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