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Oct 13 to Jan 7, 2027

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Joined: Sun Oct 29, 2017 2:04 pmFollowed by: 6 members
by swerve » Mon Feb 17, 2020 10:17 am
Crazy Eddie has a key chain factory. Eddie managed to decrease the cost of manufacturing his key chains, and thus to increase the profit from the sale of each key chain from 25% of the selling price to 30% of the selling price. The selling price did not change. If the manufacturing price is now $140, what was it before the decrease?

A. $120
B. $150
C. $160
D. $180
E. $185

The OA is B

Source: Economist GMAT
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