Newspaper A

This topic has expert replies
Legendary Member
Posts: 2789
Joined: Tue Jul 26, 2011 12:19 am
Location: Chennai, India
Thanked: 206 times
Followed by:43 members
GMAT Score:640

Newspaper A

by GmatKiss » Fri Oct 28, 2011 9:44 am
Last Sunday a certain store sold copies of Newspaper A for $1.00 each and copies of Newspaper B for $1.25 each, and the store sold no other newspapers that day. If r percent of the store's revenues from newspaper sales was from Newspaper A and if p percent of the newspapers that the store sold were copies of newspaper A, which of the following expresses r in terms of p?

A. 100p / (125 - p)
B. 150p / (250 - p)
C. 300p / (375 - p)
D. 400p / (500 - p)
E. 500p / (625 - p)

Legendary Member
Posts: 966
Joined: Sat Jan 02, 2010 8:06 am
Thanked: 230 times
Followed by:21 members

by shankar.ashwin » Fri Oct 28, 2011 10:28 am
We could substitute numbers here.

Let A sold = 10 and B sold =10

% Revenue from A (r) = 10/(10+12.5) = 44%

% of newspaper A sold (p) = 50%

Start with C; 300(50)/325 = 46% (Need lower hence try D)

D: 400(50)/450 = 8/9 *50 = 44% (Success)

User avatar
Senior | Next Rank: 100 Posts
Posts: 34
Joined: Tue Jun 01, 2010 2:17 am
Thanked: 8 times
GMAT Score:730

by Amiable Scholar » Fri Oct 28, 2011 11:13 am
copies of news paper A = p
copies of news paper B = 100 - P
Total revenue = p + (100 - P)1.25 = 125 - .25 p
as per given conditions

p/(125-.25p)=r/100
=>
r = 100 p/(125 -.25p)
= 400 p /500 -p multiplying 4 in both numerator and denominator

so IMO D
Amiable Scholar

Start Believing in your potential

Master | Next Rank: 500 Posts
Posts: 197
Joined: Thu Sep 15, 2011 10:22 am
Thanked: 6 times
Followed by:2 members

by parul9 » Fri Oct 28, 2011 11:43 am
%revenue of A = (revenue of A/Total revenue) * 100

p% of A is sold.
so, percentage of B sold = 100 - p

r = (1*p/(1*p + 1.25(100-p)))*100
= 100p/125-0.25p
= 100p/(125-p/4)
= 400p/(500-p)

So, Answer : D

User avatar
GMAT Instructor
Posts: 15539
Joined: Tue May 25, 2010 12:04 pm
Location: New York, NY
Thanked: 13060 times
Followed by:1906 members
GMAT Score:790

by GMATGuruNY » Fri Oct 28, 2011 1:15 pm
Private tutor exclusively for the GMAT and GRE, with over 20 years of experience.
Followed here and elsewhere by over 1900 test-takers.
I have worked with students based in the US, Australia, Taiwan, China, Tajikistan, Kuwait, Saudi Arabia -- a long list of countries.
My students have been admitted to HBS, CBS, Tuck, Yale, Stern, Fuqua -- a long list of top programs.

As a tutor, I don't simply teach you how I would approach problems.
I unlock the best way for YOU to solve problems.

For more information, please email me (Mitch Hunt) at [email protected].
Student Review #1
Student Review #2
Student Review #3