Find all School-related info fast with the new School-Specific MBA Forum
Learn more about the recent changes... close

It is currently 18 May 2013, 13:05
Customize  |  Hide

Search
Register
New posts
Unanswered

Profit Loss Question

  Question banks Downloads My Bookmarks Reviews  
  Oldest Best Reply
Search for:
 
Print view
First unread post
Author Message
TAGS:
SVP
SVP
User avatar
Joined: 16 Nov 2010
Posts: 1717
Location: United States (IN)
Concentration: Strategy, Technology
Followers: 26

Kudos [?]: 227 [0], given: 34

GMAT Tests User Reviews Badge
Profit Loss Question [#permalink] New post 22 Nov 2010, 05:30
00:00

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
Hi

Please help with this one :

A merchant sold 1000 widgets with no profit or loss. For the next widgets he sold ffor a profit of 0.50$ each and now his total profit is p. Now calculate the whole profit he made including the 100 widgets.

Answer is :2p+1000


Regards,
Subhash
Manager
Manager
Joined: 03 Jun 2010
Posts: 192
Location: United States (MI)
Concentration: Marketing, General Management
Schools: Ross '16 (A), Duke '16 (D), Darden '14 (D)
WE: Business Development (Consumer Products)
Followers: 4

Kudos [?]: 18 [0], given: 40

GMAT ToolKit User GMAT Tests User
Re: Profit Loss Question [#permalink] New post 22 Nov 2010, 06:27
May be it should be "Now calculate the whole profit he made including the 1000 widgets"?
SVP
SVP
User avatar
Joined: 16 Nov 2010
Posts: 1717
Location: United States (IN)
Concentration: Strategy, Technology
Followers: 26

Kudos [?]: 227 [0], given: 34

GMAT Tests User Reviews Badge
Re: Profit Loss Question [#permalink] New post 22 Nov 2010, 07:34
Yeah, sorry for the typo, you're right, it should be 1000 instead of 100.
Manager
Manager
Joined: 20 Apr 2010
Posts: 239
Location: Hyderabad
WE 1: 4.6 years Exp IT prof
Followers: 7

Kudos [?]: 23 [0], given: 34

GMAT Tests User
Re: Profit Loss Question [#permalink] New post 22 Nov 2010, 09:17
I still have some doubts about the question above....
is it correct question...???
_________________

I will give a Fight till the End

"To dream anything that you want to dream, that is the beauty of the human mind. To do anything that you want to do, that is the strength of the human will. To trust yourself, to test your limits, that is the courage to succeed."
- Bernard Edmonds

A person who is afraid of Failure can never succeed -- Amneet Padda

Don't Forget to give the KUDOS

Re: Profit Loss Question   [#permalink] 22 Nov 2010, 09:17
    Similar topics Author Replies Last post
Similar
Topics:
 New posts 1 PS: Profit-Loss Question farukhawais 4 10 Jul 2010, 21:33
New posts 3 EXPERTS_POSTS_IN_THIS_TOPIC Profit/Loss question feruz77 3 25 Nov 2010, 08:20
New posts 2 Percentage and profit and loss question pritampal 5 16 Sep 2011, 00:58
New posts profit and loss question - complex level jrymbei 3 23 Sep 2011, 10:31
New posts 2 EXPERTS_POSTS_IN_THIS_TOPIC Profit and loss devinawilliam83 7 03 Nov 2011, 09:57
Display posts from previous: Sort by

Profit Loss Question

  Question banks Downloads My Bookmarks Reviews  
Print view
First unread post

Moderators: Bunuel, VeritasPrepKarishma, IanStewart

Search for:


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.

Main navigation

GMAT Resources

Partners

MBA Resources

www.gmac.com|www.mba.com