suggest!

This topic has expert replies
User avatar
Master | Next Rank: 500 Posts
Posts: 122
Joined: Tue Jul 10, 2012 9:12 am
Thanked: 2 times
Followed by:8 members

suggest!

by mehaksal » Sun Aug 26, 2012 10:00 am
A clothing manufacturer has determined that she can sell 100 suits a week at a selling price of 200$ each. For each rise of 4$ in the selling price she will sell 2 less suits a week. If she sells the suits for x$ each, how many dollars a week will she receive from sales of the suits?
A) 20, 35, 70
B) 20, 45, 70
C) 20, 35, 40
D) 35, 40, 70
E) 35, 40, 45

User avatar
Community Manager
Posts: 1060
Joined: Fri May 13, 2011 6:46 am
Location: Utrecht, The Netherlands
Thanked: 318 times
Followed by:52 members

by neelgandham » Sun Aug 26, 2012 11:29 am
A clothing manufacturer has determined that she can sell 100 suits a week at a selling price of 200$ each. For each rise of 4$ in the selling price she will sell 2 less suits a week. If she sells the suits for x$ each, how many dollars a week will she receive from sales of the suits?

Assuming that the value of X is greater than 200. Let Z be the number be the number of '$4 increase' in the price of the suit and let S be the number of suits sold.

X = 200 + 4Z. i.e. Z = X/4 - 50
S = 100 - 2Z. i.e. S = 100 - 2[X/4 - 50] = 100 - X/2 + 100 = 200 - X/2

Money the manufacturer makes during the week = Cost per Suit * Number of suits
= X * (200 - X/2) = [200X - (X^2)/2]

Can you recheck the source for the answer choices please ?
Anil Gandham
Welcome to BEATtheGMAT | Photography | Getting Started | BTG Community rules | MBA Watch
Check out GMAT Prep Now's online course at https://www.gmatprepnow.com/

User avatar
Master | Next Rank: 500 Posts
Posts: 122
Joined: Tue Jul 10, 2012 9:12 am
Thanked: 2 times
Followed by:8 members

by mehaksal » Sun Aug 26, 2012 8:22 pm
the answer's very right :)