a video game cartridge

This topic has expert replies
User avatar
GMAT Instructor
Posts: 3650
Joined: Wed Jan 21, 2009 4:27 am
Location: India
Thanked: 267 times
Followed by:80 members
GMAT Score:760

a video game cartridge

by sanju09 » Sat Apr 04, 2009 5:13 am
The projected sales volume of a video game cartridge is given by the function s (p) = 3000/(2 p + a) where s is the number of cartridges sold, in thousands; p is the price per cartridge, in dollars; and a is a constant. If according to the projections, 100,000 cartridges are sold at $10 per cartridge, how many cartridges will be sold at $20 per cartridge?

(A) 20,000

(B) 50,000

(C) 60,000

(D) 150,000

(E) 200,000
The mind is everything. What you think you become. -Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
Source: — Problem Solving |

Junior | Next Rank: 30 Posts
Posts: 26
Joined: Tue Oct 21, 2008 12:10 pm
Thanked: 3 times
GMAT Score:770

by cm47323 » Sat Apr 04, 2009 1:40 pm
100,000=3000/(2*10+a)
20+a=.03
a=-19.97

Plug 20 into the function and the answer is ~ 150. I think the function should not have a plus sign in the denominator. Either that or I'm way off base

Senior | Next Rank: 100 Posts
Posts: 92
Joined: Wed Mar 25, 2009 12:13 pm
Thanked: 10 times

by moutar » Sat Apr 04, 2009 2:07 pm
You're off because s is in thousands.

100 = 3000/(2*10+a)
20 + a = 3000/100 = 30
a =10

P=20:
s = 3000/(2*20+10)
= 3000/50
= 60

So answer is C - $60,000

Junior | Next Rank: 30 Posts
Posts: 26
Joined: Tue Oct 21, 2008 12:10 pm
Thanked: 3 times
GMAT Score:770

by cm47323 » Sun Apr 05, 2009 1:03 am
haha, i need to read more carefully... makes a big difference