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

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20 Aug 2004, 00:26
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

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
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20 Aug 2004, 00:51
I got $44.44 3200 - 24x = 48x x = 44.44 Director Joined: 05 May 2004 Posts: 577 Location: San Jose, CA Followers: 2 Kudos [?]: 59 [0], given: 0 Re: Price [#permalink] ### Show Tags 20 Aug 2004, 00:58 kpinvictus wrote: A grocer bought 24Kg of coffee beans at price X. After a while one third of the stock got spoiled so he sold the rest for 200$ 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 [?]: 59 [0], given: 0 ### Show Tags 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: Russian Federation
Concentration: Technology, Entrepreneurship
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
GMAT 10: 740 Q V
GMAT 11: 500 Q47 V33
GMAT 12: 670 Q V
WE: Engineering (Manufacturing)
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Kudos [?]: 202 [0], given: 102262

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20 Aug 2004, 01:28
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
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20 Aug 2004, 06:38
agree with everything said. should have been x/kg, and my answer came to \$44.44.
20 Aug 2004, 06:38
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