Calculate the greatest number of trees..help!!!

This topic has expert replies
Master | Next Rank: 500 Posts
Posts: 146
Joined: Wed Aug 27, 2008 5:41 am
Thanked: 3 times
Based on this year's costs, an orchard grower budgets P dollars for planting N new trees next year. If the average cost of planting each tree were to increase 25 percent from this year's cost ,then the greatest number of trees that the orchard grower could plant next year using P dollars would be.


A. 20% less than N
B. 25%less than N
C. equal to N
D. 20%greater than N
E. 25% greater than N
Source: — Problem Solving |

Master | Next Rank: 500 Posts
Posts: 179
Joined: Tue Jan 08, 2008 7:23 pm
Thanked: 11 times
GMAT Score:590

by nitya34 » Mon Jun 22, 2009 4:22 am
A

1/1.25

=0.80

Master | Next Rank: 500 Posts
Posts: 392
Joined: Thu Jan 15, 2009 12:52 pm
Location: New Jersey
Thanked: 76 times

by truplayer256 » Mon Jun 22, 2009 5:57 am
The average cost of planting each tree would be P dollars/ N new trees or P/N dollars for one new tree. Now if this price were to increase 25% from this year's cost, the orchard grower would have to pay 5/4*P/N dollars to plant each tree. With such a tremendous increase in price for planting one tree, the orchard grower can only plant (P)/(5P/4N)=P*4N/4P=4N/5 trees this year, a 20% decrease from the number of trees he could've planted last year. A should be the correct answer.

Master | Next Rank: 500 Posts
Posts: 148
Joined: Wed Jun 03, 2009 8:04 pm
Thanked: 18 times
Followed by:1 members

by ghacker » Mon Jun 22, 2009 7:21 am
It would be 20% less
If the total cost remains the same