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Ilikemeat321
- Junior | Next Rank: 30 Posts
- Posts: 26
- Joined: Thu Jul 24, 2008 7:33 am
During a one-day sale, a store sold each sweater of a certain type for $30 more than the store's cost to purchase each sweater. How many sweater were sold during the sale?
1) During the sale, the total revenue from the sale of these sweaters was $270.
2) During the sale, the store sold each of these sweaters at a price that was 50 percent greater than the store's cost to purchase each sweater.
I thought this was really simple.
from the question I find that the profit for each sweater sold for a certain type is 30$
statement one gives me the revenue
let X = number of sweater sold from statement one I get
X*30=270, so statement one is suffcient.
Statement two gives me a clue that the store charges 50% above the purchase/cost price for the sweater, since we know that 30$ =50%
let X be the original price we get .5x=30 x= 60$, so statement 2 is not sufficent by itself.
Can someone explain how this works?
1) During the sale, the total revenue from the sale of these sweaters was $270.
2) During the sale, the store sold each of these sweaters at a price that was 50 percent greater than the store's cost to purchase each sweater.
I thought this was really simple.
from the question I find that the profit for each sweater sold for a certain type is 30$
statement one gives me the revenue
let X = number of sweater sold from statement one I get
X*30=270, so statement one is suffcient.
Statement two gives me a clue that the store charges 50% above the purchase/cost price for the sweater, since we know that 30$ =50%
let X be the original price we get .5x=30 x= 60$, so statement 2 is not sufficent by itself.
Can someone explain how this works?
