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# A grocer bought 24Kg of coffee beans at price X. After a

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Intern
Joined: 07 Aug 2004
Posts: 20
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Kudos [?]: 0 [0], given: 0

A grocer bought 24Kg of coffee beans at price X. After a [#permalink]  20 Aug 2004, 00:26
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A grocer bought 24Kg of coffee beans at price X. After a while one third of the stock got spoiled so he sold the rest for 200$per Kilo and made a total profit of twice the cost. What must be price X? (a) 66 2/3$.
(b) 50 1/3$. (c) 48 1/6$.
(d) 33 1/3$. (e) 24 1/2$.

Why D is the answer ?
Director
Joined: 20 Jul 2004
Posts: 593
Followers: 1

Kudos [?]: 77 [0], given: 0

I got $44.44 3200 - 24x = 48x x = 44.44 Director Joined: 05 May 2004 Posts: 577 Location: San Jose, CA Followers: 2 Kudos [?]: 43 [0], given: 0 Re: Price [#permalink] 20 Aug 2004, 00:58 kpinvictus wrote: A grocer bought 24Kg of coffee beans at price X. After a while one third of the stock got spoiled so he sold the rest for 200$ per Kilo and made a total profit of twice the cost. What must be price X?

(a) 66 2/3$. (b) 50 1/3$.
(c) 48 1/6$. (d) 33 1/3$.
(e) 24 1/2$. Why D is the answer ? I think the Q is wrong It shud be thrice the cost for answer to be D Director Joined: 05 May 2004 Posts: 577 Location: San Jose, CA Followers: 2 Kudos [?]: 43 [0], given: 0 [#permalink] 20 Aug 2004, 01:14 hardworker_indian wrote: I got$44.44

3200 - 24x = 48x
x = 44.44

You are correct
I got the same ans as well
Joined: 31 Dec 1969
Location: India
GMAT 1: 710 Q49 V0
GMAT 2: 700 Q V
GMAT 3: 740 Q40 V50
GMAT 4: 700 Q48 V38
GMAT 5: 710 Q45 V41
GMAT 6: 680 Q47 V36
GMAT 7: Q42 V44
GMAT 8: Q42 V44
GMAT 9: 740 Q49 V42
GPA: 3.3
WE: Sales (Investment Banking)
Followers: 0

Kudos [?]: 135 [0], given: 95156

this question is misleading from the start. 24kg at x price. It looks as though 24kg of something for a total cost of x. Until i looked at the solution, then I realized it was actually 24kg at x dollar per kg.
CIO
Joined: 09 Mar 2003
Posts: 463
Followers: 2

Kudos [?]: 39 [0], given: 0

agree with everything said. should have been x/kg, and my answer came to \$44.44.
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