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Quant question query - 2

Expert replies
by apuso » Wed Jan 20, 2010 8:20 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)
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Source: — Problem Solving |

by itsratul » Wed Jan 20, 2010 5:31 pm
Please correct the last line of the Question..
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by ajith » Wed Jan 20, 2010 10:54 pm
apuso wrote: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)
If M is the nof copies sold for News Paper A and N is the number of copies sold for Newspaper B

r = M/(M*1+N*1.25)
p = M/(M+N)

1/r = (1+1.25 N/M)
1/p = (1+N/M)

1/r = (1+ 1.25 (1/p-1))
= (1+ 1.25(1-p)/p)
= (-0.25p +1.25)/p

r = p /(-0.25p+1.25)
= 400p/(500-100p)

Which is the same as option D; since question asked to treat p and q as percentages and I treated it as fraction, a factor of 100 is coming along with p.
Last edited by ajith on Thu Jan 21, 2010 12:28 am, edited 1 time in total.
Always borrow money from a pessimist, he doesn't expect to be paid back.
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by sanju09 » Thu Jan 21, 2010 12:08 am
apuso wrote: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)
For minimalism and upkeep of time, we must let the total number of newspapers that the store sold to be 100, and decipher what is in between the lines of the question stem in our good turn, like the meanings of the useful terms used in the question, see what I did bold in your script. Ask again if you still have any problem in accepting copies of Newspaper A to be p in number, copies of Newspaper B to be (100 - p) in number, the store's revenues to be 125 - 0.25 p in dollars, and the newspapers that the store sold to be exactly what we started with, yes 100.

Now, only read "r percent of the store's revenues from newspaper sales was from Newspaper A" and write:

(r/100) (125 - 0.25 p) = p

or r = (100 p)/(125 - 0.25 p)

more simply, r = (400 p)/(500 - p), D.
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
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by bhumika.k.shah » Fri Jan 22, 2010 12:11 pm
Amazing explanation sanju :-)
must say its a very wordy problem...

I got it wrong though :-(
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by bhumika.k.shah » Fri Jan 22, 2010 12:12 pm
How did u get 125-0.25p????
sanju09 wrote:
apuso wrote: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)
For minimalism and upkeep of time, we must let the total number of newspapers that the store sold to be 100, and decipher what is in between the lines of the question stem in our good turn, like the meanings of the useful terms used in the question, see what I did bold in your script. Ask again if you still have any problem in accepting copies of Newspaper A to be p in number, copies of Newspaper B to be (100 - p) in number, the store's revenues to be 125 - 0.25 p in dollars, and the newspapers that the store sold to be exactly what we started with, yes 100.

Now, only read "r percent of the store's revenues from newspaper sales was from Newspaper A" and write:

(r/100) (125 - 0.25 p) = p

or r = (100 p)/(125 - 0.25 p)

more simply, r = (400 p)/(500 - p), D.
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by sanju09 » Sat Jan 23, 2010 12:25 am
How did u get 125-0.25p????
Out of 100 Newspapers, p were sold @1 dollar each raising a revenue of $p and (100 - p) were sold @ 1.25 dollar each raising a revenue of $(125 - 1.25 p).

Thus total revenue = $(p + 125 - 1.25 p) = $(125 - 0.25 p).
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
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by Concordio » Sat Jan 23, 2010 8:11 pm
sanju09 wrote:
How did u get 125-0.25p????
Out of 100 Newspapers, p were sold @1 dollar each raising a revenue of $p and (100 - p) were sold @ 1.25 dollar each raising a revenue of $(125 - 1.25 p).

Thus total revenue = $(p + 125 - 1.25 p) = $(125 - 0.25 p).
Sorry, this may be annoying, but I'm still not seeing where 125-0.25p came from. Is there another way to explain it? Thanks
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by sanju09 » Thu Jul 03, 2014 2:16 am
Concordio wrote:
sanju09 wrote:
How did u get 125-0.25p????
Out of 100 Newspapers, p were sold @1 dollar each raising a revenue of $p and (100 - p) were sold @ 1.25 dollar each raising a revenue of $(125 - 1.25 p).

Thus total revenue = $(p + 125 - 1.25 p) = $(125 - 0.25 p).
Sorry, this may be annoying, but I'm still not seeing where 125-0.25p came from. Is there another way to explain it? Thanks
When we see variable(s) in the answer, we PLUG IN. Let's assign 100 for the total number of the papers that the store sold and some number for p, say p = 60, revenue $60, then B would be 40 in number, revenue $50; total revenue = $60 + $50 = $110.

Now the required percent (r) is = (60/110)*100 = 600/11, slightly less than 60 is our target answer.

Test choices plugging p = 60 in:

A. 100*60 / (125 - 60) = 1200/13 ELIMINATE
B. 150*60 / (250 - 60) = 900/19 ELIMINATE
C. 300*60 / (375 - 60) = 200/7 ELIMINATE
D. 400*60 / (500 - 60) = 600/11 MATCHING so keep it
E. 500*60 / (625 - 60) = 2000/39 ELIMINATE and [spoiler]pick D[/spoiler]
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
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by Brent@GMATPrepNow » Thu Jul 03, 2014 6:18 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)
If you're not sure how to proceed with this question, or if you're behind on time and you want to catch up, you can give yourself a 50-50 chance in about 10 seconds.

To do so, we'll see what happens when we use an EXTREME value for p.
Say p = 100
In other words, 100% of the newspapers sold were Newspaper A.
This means that 100% of the revenue is from Newspaper A.
In other words, when p = 100, then r = 100

At this point, we'll plug in 100 for p and see which one yields a value of 100.
Only answer choices B and D work.
B) 150(100)/(250-100) = 100 PERFECT
D) 400(100)/(500-100) = 100 PERFECT

Now take a guess (B or D) and move on.

Cheers,
Brent
Brent Hanneson - Creator of GMATPrepNow.com
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by GMATinsight » Thu Jul 03, 2014 9:28 am
Algebraic detailed explanation


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