Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized for You

we will pick new questions that match your level based on your Timer History

Track Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

It appears that you are browsing the GMAT Club forum unregistered!

Signing up is free, quick, and confidential.
Join other 500,000 members and get the full benefits of GMAT Club

Registration gives you:

Tests

Take 11 tests and quizzes from GMAT Club and leading GMAT prep companies such as Manhattan GMAT,
Knewton, and others. All are free for GMAT Club members.

Applicant Stats

View detailed applicant stats such as GPA, GMAT score, work experience, location, application
status, and more

Books/Downloads

Download thousands of study notes,
question collections, GMAT Club’s
Grammar and Math books.
All are free!

Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:

If a certain toy store's revenue in November was 2/5 of its [#permalink]
25 Jun 2012, 01:36

Expert's post

5

This post was BOOKMARKED

00:00

A

B

C

D

E

Difficulty:

45% (medium)

Question Stats:

60% (02:28) correct
40% (01:30) wrong based on 611 sessions

If a certain toy store's revenue in November was 2/5 of its revenue in December and its revenue in January was 1/4 of its revenue in November, then the store's revenue in December was how many times the average (arithmetic mean) of its revenues in November and January?

(A) 1/4 (B) 1/2 (C) 2/3 (D) 2 (E) 4

Diagnostic Test Question: 8 Page: 21 Difficulty: 600

Re: If a certain toy store's revenue in November was 2/5 of its [#permalink]
25 Jun 2012, 01:36

3

This post received KUDOS

Expert's post

1

This post was BOOKMARKED

SOLUTION

If a certain toy store's revenue in November was 2/5 of its revenue in December and its revenue in January was 1/4 of its revenue in November, then the store's revenue in December was how many times the average (arithmetic mean) of its revenues in November and January?

(A) 1/4 (B) 1/2 (C) 2/3 (D) 2 (E) 4

Probably, for most people it would be easier to solve such kind of questions by picking numbers.

Notice that January is linked with November and November is linked with December. So, we should pick some smart number for December's revenue. Since the denominators in the question are 5 and 4, the let say December's revenue was 20 (the least common multiple of 4 and 5). So, we have that:

Revenue in December = 20; Revenue in November = 20*2/5 = 8; Revenue in January = 8*1/4 = 2;

The average of 8 and 2 is 5, so the store's revenue in December was 20/5=4 times that value.

Re: If a certain toy store's revenue in November was 2/5 of its [#permalink]
25 Jun 2012, 03:29

1

This post received KUDOS

Hi,

Lets say, revenue in November = N was 2/5 of its revenue in December = D revenue in January = J As per given data, N = (2/5)D J = (1/4)N = 1/4 * 2/5 *D = (1/10)D

Re: If a certain toy store's revenue in November was 2/5 of its [#permalink]
29 Jun 2012, 02:05

Expert's post

SOLUTION

If a certain toy store's revenue in November was 2/5 of its revenue in December and its revenue in January was 1/4 of its revenue in November, then the store's revenue in December was how many times the average (arithmetic mean) of its revenues in November and January?

(A) 1/4 (B) 1/2 (C) 2/3 (D) 2 (E) 4

Probably, for most people it would be easier to solve such kind of questions by picking numbers.

Notice that January is linked with November and November is linked with December. So, we should pick some smart number for December's revenue. Since the denominators in the question are 5 and 4, then let say December's revenue was 20 (the least common multiple of 4 and 5). So, we have that:

Revenue in December = 20; Revenue in November = 20*2/5 = 8; Revenue in January = 8*1/4 = 2;

The average of 8 and 2 is 5, so the store's revenue in December was 20/5=4 times that value.

Re: If a certain toy store's revenue in November was 2/5 of its [#permalink]
16 Jul 2014, 18:48

Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email. _________________

Re: If a certain toy store's revenue in November was 2/5 of its [#permalink]
06 Aug 2015, 05:24

Hello from the GMAT Club BumpBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email. _________________

Re: If a certain toy store's revenue in November was 2/5 of its [#permalink]
06 Aug 2015, 06:16

Expert's post

Bunuel wrote:

If a certain toy store's revenue in November was 2/5 of its revenue in December and its revenue in January was 1/4 of its revenue in November, then the store's revenue in December was how many times the average (arithmetic mean) of its revenues in November and January?

(A) 1/4 (B) 1/2 (C) 2/3 (D) 2 (E) 4

Diagnostic Test Question: 8 Page: 21 Difficulty: 600

If N = 2/5 D and J = 1/4N, we should put all expressions into a common variable. Let's use D. D =D; N =2/5D; and J = 1/10D. Assuming D =10, we now have N = 4 and J = 1. The average of 4 and 1 is 2.5 10 is 4 times greater than 2.5 Answer E is correct _________________

If a certain toy store's revenue in November was 2/5 of its [#permalink]
20 Nov 2015, 05:19

This can be solved even faster:

The revenue in November (N) is less than half the revenue in December (D). Therefore, December revenue is more than twice the November revenue: \(D>2N\)

The revenue in January (J) is even smaller than revenue in November. Consequently, the average of the two will be less than N: \(Average = (J+N)/2 < N\)

Therefore, December revenue will be far more than twice the average: \(D>2N>2*Average\)

Re: If a certain toy store's revenue in November was 2/5 of its [#permalink]
29 Nov 2015, 10:50

Expert's post

Hi All,

This question can be solved by TESTing VALUES.

We're given information comparing revenue for 3 months: 1) November revenue = 2/5 of December revenue 2) January revenue = 1/4 of November revenue

We're asked to compare the December revenue to the AVERAGE of November's and January's revenues (and we're asked how many times greater the December revenue is).

With the two fractions involved, the common denominator is 20, but you can use any number you like. For example...

December revenue = $100 November revenue = (2/5)(100) = $40 January revenue = (1/4)(40) = $10

The average of November and January is (40+10)/2 = 25

Since December revenue is 100, that is 4 TIMES the average of the other two months.

Low GPA MBA Acceptance Rate Analysis Many applicants worry about applying to business school if they have a low GPA. I analyzed the low GPA MBA acceptance rate at...

http://blog.davidbbaker.com/wp-content/uploads/2015/11/12249800_10153820891439090_8007573611012789132_n.jpg When you think about an MBA program, usually the last thing you think of is professional collegiate sport. (Yes American’s I’m going...

Every student has a predefined notion about a MBA degree:- hefty packages, good job opportunities, improvement in position and salaries but how many really know the journey of becoming...