Question 2 (nov. 25)

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Question 2 (nov. 25)

by bacali » Tue Nov 25, 2008 7:58 am
Q11:


A certain business produced x rakes each month form November through February and shipped x/2 rakes at the beginning of each month from March through October. The business paid no storage costs for the rakes from November through February, but it paid storage costs of $0.10 per rake each month from March through October for the rakes that had not been shipped. In terms of x, what was the total storage cost, in dollars, that the business paid for the rakes for the 12 months form November through October?
A. 0.40x
B. 1.20x
C. 1.40x
D. 1.60x
E. 3.20x

OA: C

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Re: Question 2 (nov. 25)

by iamcste » Tue Nov 25, 2008 8:44 am
bacali wrote:Q11:


A certain business produced x rakes each month form November through February and shipped x/2 rakes at the beginning of each month from March through October. The business paid no storage costs for the rakes from November through February, but it paid storage costs of $0.10 per rake each month from March through October for the rakes that had not been shipped. In terms of x, what was the total storage cost, in dollars, that the business paid for the rakes for the 12 months form November through October?
A. 0.40x
B. 1.20x
C. 1.40x
D. 1.60x
E. 3.20x

OA: C

Produced 4x


March April May June July A S O

3.5 3 2.5 2 1.5 1 0.5


In march, out of 4x, x is sold hence 3x. this happens till October where all is sold.

In April, out of 3.5 x, 0.5x is sold, hence 3 x is pending in April

and so on....


hence charges for

3.5+3+2.5+2+1.5+1+0.5=14x rakes

0.1 $ per rake each month

Total storage cost=14 x*0.1 =1.4 X ( in $)

IMO C