4. Last Friday a certain shop sold 43 of the sweaters in its inventory. Each sweater sold for $20. What was the total revenue last Friday from the sale of these sweaters?
(1) When the shop opened last Friday, there were 160 sweaters in its inventory.
(2) All but 40 sweaters in the shop’s inventory were sold last Friday.
Last Friday
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I think the answer is C.
Statement I.
Total number of sweaters in the inventory is 160. Out of this 43 + x number of sweaters are sold. We dont know the value of x.
Insufficient.
Statement II.
total inventory - (x+43)= 40
We dont know the total number of sweaters in the inventory.
Insufficient.
Combining statement I & II.
total =160
sold x+43
remaining =40
160-(43+x)=40
we can solve for the value of x, can easily find out the total revenue i.e. (x+43)*20
Hence C. Whats the OA?
Statement I.
Total number of sweaters in the inventory is 160. Out of this 43 + x number of sweaters are sold. We dont know the value of x.
Insufficient.
Statement II.
total inventory - (x+43)= 40
We dont know the total number of sweaters in the inventory.
Insufficient.
Combining statement I & II.
total =160
sold x+43
remaining =40
160-(43+x)=40
we can solve for the value of x, can easily find out the total revenue i.e. (x+43)*20
Hence C. Whats the OA?
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Ummm.. I'm very confused by this question.ektamatta wrote:4. Last Friday a certain shop sold 43 of the sweaters in its inventory. Each sweater sold for $20. What was the total revenue last Friday from the sale of these sweaters?
(1) When the shop opened last Friday, there were 160 sweaters in its inventory.
(2) All but 40 sweaters in the shop’s inventory were sold last Friday.
Last Friday a shop sold 43 sweaters. Each sweater sold for $20. Why isn't the revenue last Friday from these sweaters 43 * $20 = $860?
Based on the question as written, you can answer the question from information in the question stem - and there's no answer for that on the GMAT (i.e. it's an impossible question).
Maybe I'm misinterpreting the question, feel free to enlighten me!
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Is it possible to get the answer in the question in DS?
I was also wondering, is it possible to find an answer with 1) only and another solution with 2) only ? Or there is only one solution to the question?
I was also wondering, is it possible to find an answer with 1) only and another solution with 2) only ? Or there is only one solution to the question?
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I thought about the same thing as stuart did. If we can get the answer from the question stem itself, I dont think this can even be a DS question.
But I still took it as a legitimate question and went by the logic that we need to calculate the total revenue i.e. 43+x sweaters were sold last friday.
Hence we need both the statements. Let me know your thoughts.
But I still took it as a legitimate question and went by the logic that we need to calculate the total revenue i.e. 43+x sweaters were sold last friday.
Hence we need both the statements. Let me know your thoughts.
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Good questions- on the real GMAT, DS questions will always follow these rules:pepeprepa wrote:Is it possible to get the answer in the question in DS?
I was also wondering, is it possible to find an answer with 1) only and another solution with 2) only ? Or there is only one solution to the question?
-it will never be possible to answer the question without using additional information;
-the two statements will never contradict each other.
Some questions designed by test prep companies do not, however, obey these rules- which usually doesn't inspire me with much confidence in the value of these questions.
So, you'll *never* see GMAT questions like the following:
If x is an integer, and x > 10, is x odd?
1) x is prime
2) x + 2 is even
The two statements contradict each other (if x > 10, the first statement ensures x is odd, while the second ensures that x is even)- they can't both be true. Illegal on the GMAT.
If x is an integer, and 2 < x < 4, what is the value of x?
1) x^2 = 9
2) |x-3| = 0
You know from the stem that x = 3; you don't need any of the statements. Again, illegal on the GMAT.
This means that on real GMAT DS questions, if you think you can answer the question without additional information, you've misunderstood the question. If the two statements appear to give contradictory information, you've misunderstood one of the statements. You can't apply these tests on questions from some test prep companies, however- not all questions are well-designed.
Finally, I'm just as mystified as Stuart about the question in the original post - why do we need the statements at all? My guess is that the question should read: "A shop sold 3/4 of the sweaters in its inventory...", which is then an appropriate DS question.
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