Last year, a certain company began manufacturing product X : GMAT Data Sufficiency (DS)
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 23 Jan 2017, 08:10

### GMAT Club Daily Prep

#### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# Last year, a certain company began manufacturing product X

Author Message
TAGS:

### Hide Tags

Intern
Joined: 20 May 2012
Posts: 20
Followers: 0

Kudos [?]: 26 [0], given: 9

Last year, a certain company began manufacturing product X [#permalink]

### Show Tags

05 Jun 2012, 14:09
1
This post was
BOOKMARKED
00:00

Difficulty:

55% (hard)

Question Stats:

65% (02:14) correct 35% (02:15) wrong based on 26 sessions

### HideShow timer Statistics

Last year, a certain company began manufacturing product X and sold every unit of product X that it produced. Last year the company's total expenses for manufacturing product X were equal to $100,000 plus 5% of the company's total revenue from all units of product X sold. If the company made a profit on product X last year, did the company sell more than 21000 units of product X? (1) The company's total revenue from the sale of product X last year was greater than$110,000
(2) For each unit of product X sold last year, the company's revenue was $5 [Reveal] Spoiler: OA Kellogg MMM ThreadMaster Joined: 28 Mar 2012 Posts: 314 Location: India GMAT 1: 640 Q50 V26 GMAT 2: 660 Q50 V28 GMAT 3: 730 Q50 V38 Followers: 29 Kudos [?]: 399 [2] , given: 23 Re: Yes/No data DS [#permalink] ### Show Tags 05 Jun 2012, 21:09 2 This post received KUDOS Hi, It is given that the total expense for the company = 100,000 + 5% of total revenue (let say, x) Also, the project made profit. Profit = Total revenue - expenses = x - (100000 + 0.05x) = 0.95x - 100000 Since profit > 0 therefore, 0.95x - 100000 > 0 ...(a) using (1) The company's total revenue from the sale of product X last year was greater than$110,000,
we can only check whether 0.95x - 100000 is positive or not. Insufficient.

using (2) For each unit of product X sold last year, the company's revenue was \$5,
lets find the minimum number of units,
number of units = total revenue/5 = x/5
or 0.95(x/5) - 100000 >0 ....(from (a))
or x > 21052, thus x is greater than 21000. Sufficient.

Regards,
Re: Yes/No data DS   [#permalink] 05 Jun 2012, 21:09
Similar topics Replies Last post
Similar
Topics:
5 Last month, all units of product X produced by a certain company sold 1 05 Oct 2016, 08:52
A certain company produces exactly three products: X, Y, and Z. In 199 1 13 Dec 2015, 04:26
111 Last year, a certain company began manufacturing product X a 17 14 Dec 2012, 07:13
27 Last year, the five employees of company X took an average 14 22 Jan 2010, 11:41
2 What was a certain company's revenue last year? 7 20 Oct 2009, 05:51
Display posts from previous: Sort by