A certain business produced x rakes each month form November

This topic has expert replies
Moderator
Posts: 7187
Joined: Thu Sep 07, 2017 4:43 pm
Followed by:23 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

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

Source: GMAT Prep
Source: — Problem Solving |

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 16207
Joined: Mon Dec 08, 2008 6:26 pm
Location: Vancouver, BC
Thanked: 5254 times
Followed by:1268 members
GMAT Score:770

by Brent@GMATPrepNow » Sun Aug 25, 2019 3:56 pm
BTGmoderatorDC wrote: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

Source: GMAT Prep
In the 4 months leading up to March, the company PRODUCES 4x rakes (4 months at x/month = 4x)

On March 1, x/2 rakes are SHIPPED, leaving 3.5x rakes for which the company must pay storage fees.
On April 1, x/2 rakes are SHIPPED, leaving 3x rakes for which the company must pay storage fees.
On May 1, x/2 rakes are SHIPPED, leaving 2.5x rakes for which the company must pay storage fees.
etc... (this pattern continues until no rakes remain).

The total NUMBER of rakes (for which storage fees are paid) = 3.5x + 3x + 2.5x . . . + 1x + 0.5x
= 14x

The charge is $0.1/rake, so the total FEE = (0.1)(14x) = 1.4x = C

Cheers,
Brent
Brent Hanneson - Creator of GMATPrepNow.com
Image

Junior | Next Rank: 30 Posts
Posts: 25
Joined: Tue Jul 16, 2019 4:10 am

by rishab0507 » Tue Aug 27, 2019 5:06 am
I solved it using a smart number : Just to understand the problem better.
Suppose it made 10 racks each month
Racks made from Nov -March = 10+10+10+10 = 40
Racks shipped : each month 5
April Left 35 : 3.5
May left: 30 : 3
June : 25 :2.5
July : 20 : 2
Aug :15 : 1.5
Sep : 10 : 1
Oct : 5 : At end of Oct : it will be zero : 0.5
total 14 : 1.4x Answer
IMO C

GMAT/MBA Expert

User avatar
GMAT Instructor
Posts: 8086
Joined: Sat Apr 25, 2015 10:56 am
Location: Los Angeles, CA
Thanked: 43 times
Followed by:29 members

by Scott@TargetTestPrep » Tue Aug 27, 2019 5:18 pm
BTGmoderatorDC wrote: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

Source: GMAT Prep
We know that the business didn't need to pay storage costs from November to February. So let's begin by analyzing what happened in March. Just before March, the business had 4x rakes, and at the beginning of March, they shipped out x/2 rakes; therefore, for the month of March, they had 4x - x/2 = 8x/2 - x/2 = 7x/2 rakes that required storage costs of $0.10 each.

Since they shipped out x/2 rakes at the beginning of each of the subsequent months, from April to October, the number of rakes in storage in these months was 6x/2, 5x/2, 4x/2, 3x/2, 2x/2, x/2 and 0, respectively. Including the 7x/2 rakes in March, the total number of rakes that required storage costs was:

(7x/2 + 0)/2 * 8 = 7x/2 * 4 = 14x

Since each rake cost $0.10 to store, the total storage costs were 14x * 0.1 = 1.4x dollars.

Answer: C

Scott Woodbury-Stewart
Founder and CEO
[email protected]

Image

See why Target Test Prep is rated 5 out of 5 stars on BEAT the GMAT. Read our reviews

ImageImage