Last visit was: 25 Apr 2024, 00:48 It is currently 25 Apr 2024, 00:48

Close
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
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
SORT BY:
Date
User avatar
Intern
Intern
Joined: 23 May 2008
Posts: 31
Own Kudos [?]: 695 [55]
Given Kudos: 0
Send PM
Most Helpful Reply
Tutor
Joined: 16 Oct 2010
Posts: 14822
Own Kudos [?]: 64907 [14]
Given Kudos: 426
Location: Pune, India
Send PM
Math Expert
Joined: 02 Sep 2009
Posts: 92902
Own Kudos [?]: 618870 [7]
Given Kudos: 81588
Send PM
General Discussion
User avatar
Senior Manager
Senior Manager
Joined: 03 Mar 2010
Posts: 259
Own Kudos [?]: 1370 [6]
Given Kudos: 22
Send PM
Re: Cal Sale [#permalink]
5
Kudos
CAL 190,000+X
DOT 210,000
ANN 450000-X
BOB 360,000
ED 680,000

Median is middle value if the number of terms are odd.

Hence, 450000-x = 330,000
x=120,000

OA. D
User avatar
Intern
Intern
Joined: 02 Oct 2010
Posts: 15
Own Kudos [?]: 6 [2]
Given Kudos: 5
Concentration: Marketing,International Business, General Management
Schools:Ross,Duke,Emory
Send PM
Re: Cal Sale [#permalink]
2
Kudos
A 4,50,000
B 3,60,000
C 1,90,000
D 2,10,000
E 6,80,000

Problem lies with sales of A & C...i.e. A' sales value 4,50,000 will have to be reduced by x and C's sales value will have to be increased by x. ( given in the problem )

After the correction/rearrangement the median value is 33,000

Keeping the other 3 sales values of B,D,E intact

?,2,10,000,3,30,000 (median),3,60,000,6,80,000

Two possibilities are there :

1.C's sales value of 1,90,000 would have been increased to 3,30,000..In that case, A's sales value becomes 3,10,000.
This goes against the given information that A's sales is still higher than C.

2.So, we can conclude that A's sales value has been decreased to 3,30,000.
Hence the incorrect value = 4,50,000 - 3,30,000 = 1,20,000

Hope I've made sense..Probably I've made it lengthy...!!!
User avatar
Manager
Manager
Joined: 28 Jul 2011
Posts: 225
Own Kudos [?]: 1372 [0]
Given Kudos: 16
Location: United States
Concentration: International Business, General Management
GPA: 3.86
WE:Accounting (Commercial Banking)
Send PM
Re: The table above shows the total sales recorded in July for [#permalink]
Bunuel wrote:
Ann $450,000
Bob $360,000
Cal $190,000
Dot $210,000
Ed $680,000

The table above shows the total sales recorded in July for the 5 salespeople at Acme Truck Sales. It was discovered that one of Cal's sales was incorrectly recorded as one of Ann's sales. After this error was corrected, Ann's total sales were still higher than Cal's total sales, and the median of the 5 sales totals was $330,000. What was the value of the incorrectly recorded sale?

A. $30,000
B. $48,000
C. $90,000
D. $120,000
E. $140,000

Old sales: {Cal=190, 210, 360, Ann=450, 680}.

Now, the median of a set with odd # of terms is just a middle term (when ordered in ascending /descending order). So, old median=360.

We know that new median=330 and Cal's sales are still less than Ann's, hence Ann's new sales must be 330 (Ann's sales # must be reduced so that it becomes the middle term: 360 and Ann must switch places): {210, Cal, Ann=330, 360, 680}.

The value of the incorrectly recorded sale is Ann's old sales - Ann's new sales = 450 - 330 = 120.

Answer: D.

Hope it's clear.


Hi Bunnel

Here how do we now that Ann's sales=330. The question says ann's sales were higher than cal's and we are not sure about any particular value and we too don't know how much cal's sales were increased, so how can we order the list in the this way

{210, Cal, Ann=330, 360, 680}.

Plz correct me if i am wrong
Math Expert
Joined: 02 Sep 2009
Posts: 92902
Own Kudos [?]: 618870 [1]
Given Kudos: 81588
Send PM
Re: The table above shows the total sales recorded in July for [#permalink]
1
Bookmarks
Expert Reply
kotela wrote:
Hi Bunnel

Here how do we now that Ann's sales=330. The question says ann's sales were higher than cal's and we are not sure about any particular value and we too don't know how much cal's sales were increased, so how can we order the list in the this way

{210, Cal, Ann=330, 360, 680}.

Plz correct me if i am wrong


First of all either Cal's or Ann's sales must be 330. Now, if Cal's sales are 330 then as Ann>Cal then the ordering would be {210, Cal=330, Ann>Cal, 360, 680} --> median={Ann's sales}>330, but we know that the median is 330, so this case is not possible.

Hope it's clear.
User avatar
Manager
Manager
Joined: 28 Jul 2011
Posts: 225
Own Kudos [?]: 1372 [0]
Given Kudos: 16
Location: United States
Concentration: International Business, General Management
GPA: 3.86
WE:Accounting (Commercial Banking)
Send PM
Re: The table above shows the total sales recorded in July for [#permalink]
Bunuel wrote:
kotela wrote:
Hi Bunnel

Here how do we now that Ann's sales=330. The question says ann's sales were higher than cal's and we are not sure about any particular value and we too don't know how much cal's sales were increased, so how can we order the list in the this way

{210, Cal, Ann=330, 360, 680}.

Plz correct me if i am wrong


First of all either Cal's or Ann's sales must be 330. Now, if Cal's sales are 330 then as Ann>Cal then the ordering would be {210, Cal=330, Ann>Cal, 360, 680} --> median={Ann's sales}>330, but we know that the median is 330, so this case is not possible.

Hope it's clear.


ya that makes sense...

I always miss reading small parts in a sentence...
Verbal Forum Moderator
Joined: 10 Oct 2012
Posts: 485
Own Kudos [?]: 3092 [2]
Given Kudos: 141
Send PM
Re: The table above shows the total sales recorded in July for [#permalink]
2
Kudos
mydreammba wrote:
Ann $450,000
Bob $360,000
Cal $190,000
Dot $210,000
Ed $680,000

The table above shows the total sales recorded in July for the 5 salespeople at Acme Truck Sales. It was discovered that one of Cal's sales was incorrectly recorded as one of Ann's sales. After this error was corrected, Ann's total sales were still higher than Cal's total sales, and the median of the 5 sales totals was $330,000. What was the value of the incorrectly recorded sale?
A. $30,000
B. $48,000
C. $90,000
D. $120,000
E. $140,000


Let the transaction amount be x. Given that 450,000-x>190,000+x --> 2x<260,000 --> x<130,000

Now the new median is 330,000. As the only 2 values changing are that of Cal's and Ann's, this new median must be either the increased sales figure of Cal, or the deflated sales figure of Ann.

Cal : 330,000-190,000 =x = 140,000--> Not possible as x<130,000. Thus the median is the new sales figure of Ann --> 450,000-330,000 = 120,000.
D.
GMAT Club Legend
GMAT Club Legend
Joined: 19 Dec 2014
Status:GMAT Assassin/Co-Founder
Affiliations: EMPOWERgmat
Posts: 21846
Own Kudos [?]: 11665 [0]
Given Kudos: 450
Location: United States (CA)
GMAT 1: 800 Q51 V49
GRE 1: Q170 V170
Send PM
Re: The table above shows the total sales recorded in July for the 5 sales [#permalink]
Expert Reply
HI All,

Karishma's explanation is spot-on, so I won't rehash any of that here. I do want to point out that if the original poster had included the 5 answer choices, then we could have used them against the prompt and TESTed THE ANSWERS. That approach likely would have been easier (and taken less time) than the approach that we are all forced to take without having the answer choices. Remember that most questions on the Official GMAT can be approached in more than one way. Having the flexibility to solve problems in multiple ways can help you to score at a higher level on Test Day.

GMAT assassins aren't born, they're made,
Rich
Tutor
Joined: 16 Oct 2010
Posts: 14822
Own Kudos [?]: 64907 [1]
Given Kudos: 426
Location: Pune, India
Send PM
The table above shows the total sales recorded in July for [#permalink]
1
Kudos
Expert Reply
snowbirdskier wrote:
Ann $450,000
Bob $360,000
Cal $190,000
Dot $210,000
Ed $680,000

The table above shows the total sales recorded in July for the 5 salespeople at Acme Truck Sales. It was discovered that one of Cal's sales was incorrectly recorded as one of Ann's sales. After this error was corrected, Ann's total sales were still higher than Cal's total sales, and the median of the 5 sales totals was $330,000. What was the value of the incorrectly recorded sale?

A. $30,000
B. $48,000
C. $90,000
D. $120,000
E. $140,000


Quote:
If Ann's sales decreases from 450 to 330, Cal's sale should increase by 120 (= 450 - 330). Can you please explain the reason behind the assumption that Ann is the one who got the median sale, which could be for any other person or ann could be still at fourth place with slight correction and cal might be 1st place with minimal value of correction.


Median has to be the 3rd value. There is no 330k right now. So either Ann's or Cal's sale has to become 330k.

If Ann's sale becomes 330k, it means her sale decreases by 120k so Cal's increases by 120k and becomes 310k.
If Cal's sale becomes 330k, it means her sale increased by 140k so Ann's must decrease by 140k to become 310k. But we are given that Ann's sale is still more than Cal's sale even after correction. So Ann's 310 and Cal's 330 is not possible.
It must be Ann's 330 and Cal's 310 then.
GMAT Club Legend
GMAT Club Legend
Joined: 18 Aug 2017
Status:You learn more from failure than from success.
Posts: 8019
Own Kudos [?]: 4096 [0]
Given Kudos: 242
Location: India
Concentration: Sustainability, Marketing
GMAT Focus 1:
545 Q79 V79 DI73
GPA: 4
WE:Marketing (Energy and Utilities)
Send PM
Re: The table above shows the total sales recorded in July for [#permalink]
33 is median so now re arrange the given value in ascending order keeping 33 in middle

(45-33),21,33,45,68

carl sales ; 12+19 ; 31

IMO D 120,000
snowbirdskier wrote:
Ann $450,000
Bob $360,000
Cal $190,000
Dot $210,000
Ed $680,000

The table above shows the total sales recorded in July for the 5 salespeople at Acme Truck Sales. It was discovered that one of Cal's sales was incorrectly recorded as one of Ann's sales. After this error was corrected, Ann's total sales were still higher than Cal's total sales, and the median of the 5 sales totals was $330,000. What was the value of the incorrectly recorded sale?

A. $30,000
B. $48,000
C. $90,000
D. $120,000
E. $140,000
Intern
Intern
Joined: 22 Apr 2020
Posts: 18
Own Kudos [?]: 5 [0]
Given Kudos: 372
GPA: 3.5
Send PM
Re: The table above shows the total sales recorded in July for [#permalink]
SInce,
Median is not given in the table and is mentioned as 330k, then either Cal or Anne's new salary would have to be 330k.

Condition even after correction salary of Sal< Ann

(190 +x) < (450 -x)

check by plugging in options, lets start with option E 140 in this case. 190 + 140 = 330
and 450-140 = 310 which violates the given condition,
only option satisfying the condition is option D 120K
User avatar
Non-Human User
Joined: 09 Sep 2013
Posts: 32662
Own Kudos [?]: 821 [0]
Given Kudos: 0
Send PM
Re: The table above shows the total sales recorded in July for [#permalink]
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.
GMAT Club Bot
Re: The table above shows the total sales recorded in July for [#permalink]
Moderators:
Math Expert
92901 posts
Senior Moderator - Masters Forum
3137 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne