Profit Loss Question : GMAT Problem Solving (PS)
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 17 Jan 2017, 01:25

### 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
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

# Events & Promotions

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

# Profit Loss Question

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
TAGS:

### Hide Tags

SVP
Joined: 16 Nov 2010
Posts: 1672
Location: United States (IN)
Concentration: Strategy, Technology
Followers: 33

Kudos [?]: 514 [0], given: 36

Profit Loss Question [#permalink]

### Show Tags

22 Nov 2010, 04:30
00:00

Difficulty:

(N/A)

Question Stats:

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

### HideShow timer Statistics

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
Joined: 03 Jun 2010
Posts: 183
Location: United States (MI)
Concentration: Marketing, General Management
WE: Business Development (Consumer Products)
Followers: 6

Kudos [?]: 56 [0], given: 40

Re: Profit Loss Question [#permalink]

### Show Tags

22 Nov 2010, 05:27
May be it should be "Now calculate the whole profit he made including the 1000 widgets"?
SVP
Joined: 16 Nov 2010
Posts: 1672
Location: United States (IN)
Concentration: Strategy, Technology
Followers: 33

Kudos [?]: 514 [0], given: 36

Re: Profit Loss Question [#permalink]

### Show Tags

22 Nov 2010, 06:34
Yeah, sorry for the typo, you're right, it should be 1000 instead of 100.
Senior Manager
Joined: 20 Apr 2010
Posts: 250
Location: Hyderabad
WE 1: 4.6 years Exp IT prof
Followers: 8

Kudos [?]: 25 [0], given: 51

Re: Profit Loss Question [#permalink]

### Show Tags

22 Nov 2010, 08:17
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, 08:17
Similar topics Replies Last post
Similar
Topics:
5 Patrick purchased 80 pencils and sold them at a loss 3 22 Jun 2014, 10:14
Profit without the discount? 3 12 Jul 2011, 01:09
2 A weight loss company has a 50+ promotion that enables a member to ear 2 15 Jul 2010, 12:04
1 PS: Profit-Loss Question 4 10 Jul 2010, 20:33
7 A team has a record of 12 wins and 13 losses for the season. 19 01 Nov 2009, 03:16
Display posts from previous: Sort by

# Profit Loss Question

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 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®.