Find all School-related info fast with the new School-Specific MBA Forum

It is currently 04 Sep 2015, 13:14
GMAT Club Tests

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.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

This is a problem from Kaplan Practice Test : A TV

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Manager
Manager
User avatar
Joined: 25 Jun 2003
Posts: 95
Followers: 1

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

This is a problem from Kaplan Practice Test : A TV [#permalink] New post 25 Aug 2003, 12:28
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

This is a problem from Kaplan Practice Test :

A TV salesman makes a profit of 25 percent on all sales. How many TVs will he have to sell for $ 325 each to make a totl profit of atlest $200 ?

Kaplan argues that

since profit is 25% of 325 ( little over $80 per tv) he has to sell 3 tv sets to cross $200 mark ..

But can we calculate profit on selling price ?

If he sells a tv set for $325 and makes a 25% profit, he must have bought it for

(100/125) * 325 = $ 260

that means , he makes a profit of $65 per tv he sells ..
So to cross $200 mark, he must sell at least 4 TV sets ..

Any comments ??
_________________

Brainless

Kaplan GMAT Prep Discount CodesKnewton GMAT Discount CodesManhattan GMAT Discount Codes
Manager
Manager
avatar
Joined: 14 Aug 2003
Posts: 88
Location: barcelona
Followers: 1

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

 [#permalink] New post 25 Aug 2003, 12:30
to me, making a 25% profit in a sale of 100$ is to make a profit of 25$
  [#permalink] 25 Aug 2003, 12:30
Display posts from previous: Sort by

This is a problem from Kaplan Practice Test : A TV

  Question banks Downloads My Bookmarks Reviews Important topics  


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®.