Computer Games Plus needs to get rid of its copies of an old computer game. If it lowers the cost of the old computer game by $5 dollars, it can increase sales of the old computer game by 10 units and still generate exactly $100 of revenue from the old game. How many units of the old computer game did Computer Games Plus sell after implementing the new selling strategy?
A) 10
B) 15
C) 20
D) 30
E) 50
please help me with this one. Thanks!
[spoiler]OA: C[/spoiler]
Computer Games
This topic has expert replies
-
- Legendary Member
- Posts: 752
- Joined: Sun May 17, 2009 11:04 pm
- Location: Tokyo
- Thanked: 81 times
- GMAT Score:680
I just did it by substituting the answer options
lowering the cost by 5 dollars increase the number of units by 10..
20 satisfies the condition.
it says it still made 100 dollars revenue
so initially company wanted to sell 10 units each priced 10 dollars
after lowering the price..number of units is 10. price of each game unit is 5 dollars
lowering the cost by 5 dollars increase the number of units by 10..
20 satisfies the condition.
it says it still made 100 dollars revenue
so initially company wanted to sell 10 units each priced 10 dollars
after lowering the price..number of units is 10. price of each game unit is 5 dollars
The powers of two are bloody impolite!!
- Stuart@KaplanGMAT
- GMAT Instructor
- Posts: 3225
- Joined: Tue Jan 08, 2008 2:40 pm
- Location: Toronto
- Thanked: 1710 times
- Followed by:614 members
- GMAT Score:800
As noted, backsolving (working backwards from the choices) is a great approach on this type of question. In general, if the answer choices are numbers and you have a word problem with a simple question, backsolving is a great choice.nhai2003 wrote:Computer Games Plus needs to get rid of its copies of an old computer game. If it lowers the cost of the old computer game by $5 dollars, it can increase sales of the old computer game by 10 units and still generate exactly $100 of revenue from the old game. How many units of the old computer game did Computer Games Plus sell after implementing the new selling strategy?
A) 10
B) 15
C) 20
D) 30
E) 50
please help me with this one. Thanks!
Of course, we could also solve algebraically:
x = original number of copies sold
p = original price
xp = (x + 10)(p - 5)
and
xp = 100
So:
100 = xp + 10p - 5x - 50
100 = 100 + 10p - 5x - 50
50 + 5x = 10p
10 + x = 2p
5 + x/2 = p
and subbing in:
x(x/2 + 5) = 100
(1/2)x^2 + 5x - 100 = 0
x^2 + 10x - 200 = 0
(x + 20)(x - 10) = 0
x = -20 or + 10
Negative solutions make no sense, so x=10.
Going back to the question: under the NEW plan, how many are sold:
so, we want (x + 10) = 20... choose (C).
After seeing the algebra, I'm sure you're on board with backsolving as a better approach!
![Image](https://i.imgur.com/YCxbQ7s.png)
Stuart Kovinsky | Kaplan GMAT Faculty | Toronto
Kaplan Exclusive: The Official Test Day Experience | Ready to Take a Free Practice Test? | Kaplan/Beat the GMAT Member Discount
BTG100 for $100 off a full course