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

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Intern
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A grocer bought 24Kg of coffee beans at price X. After a [#permalink] New post 20 Aug 2004, 00:26
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
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 [#permalink] New post 20 Aug 2004, 00:51
I got $44.44

3200 - 24x = 48x
x = 44.44
Director
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Re: Price [#permalink] New post 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
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 [#permalink] New post 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: United States
Concentration: Marketing, Other
GMAT 1: 710 Q49 V38
GMAT 2: 660 Q V
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 [#permalink] New post 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.
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 [#permalink] New post 20 Aug 2004, 06:38
agree with everything said. should have been x/kg, and my answer came to $44.44.
  [#permalink] 20 Aug 2004, 06:38
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A grocer bought 24Kg of coffee beans at price X. After a

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