shekar123 wrote:
A bookstore sells new books for $15 each and used books for $10 each. On every new book, the store makes a profit of $5 while on every used book it makes a profit of $2. If on a given day the bookstore's sales amounted to $125, which of the following cannot be the profit made on that day?
A.27
B.31
C.35
D.29
E.41
Answer D should read 39, not 29.
I can suggest a couple of systematic ways to look at this, though I think it's practical to get the answer within two minutes by guessing-and-checking. First you might notice that the number of new books sold must be odd; otherwise the total sales in dollars would end in 0. You could then take an algebraic approach. If n is the number of new books and u the number of used books, we know that 15n+10u = 125, or dividing by 5, we have:
3n + 2u = 25
We want to know the value of 5n + 2u, which is the profit in dollars. Notice how similar this is to the left side of the equation above:
5n + 2u = 2n + (3n + 2u) = 2n + 25
So we just want to find what values are possible for 2n + 25. Remembering that n must be odd, it's easy enough just to plug in n=1, 3, 5 and 7 to see that every answer choice is possible except for 41.
Or, if you know that n is odd, you can replace it with 2k + 1, for some integer k. Then the quantity we're trying to find becomes
2u + 25 = 2(2k+1) + 25 = 4k + 27 = 4k + 24 + 3 = 4(k+6) + 3
So our profit is 3 greater than a multiple of 4, and thus has a remainder of 3 when divided by 4. Thus 41 is impossible (you might, when looking at the answers, see that 41 is a bit suspicious - all of the answer choices give a remainder of 3 when divided by 4 with one exception - 41). That's probably more work than the first approach, though it's perhaps interesting to see why each answer has the same remainder by 4.
Actually, the first approach I took when looking at the question was to treat it something like a weighted average. If the store only sells new books, then it makes one third of a dollar profit for each dollar of sales. If it only sells used books, it makes one fifth of a dollar profit for each dollar of sales. So if it sells a combination of new and used books for S dollars, the profit must be somewhere between S/5 and S/3. We know the total sales was $125, so the profit must be between $125/5 and $125/3, or in other words, between $25 and $41.67. Unfortunately that doesn't rule out any answer choices right away, but the answer $41 is suspiciously close to the maximum here (remember we get the max if the store *only* sells new books, and we know the store sold some used books as well since $125 is not a multiple of 15, so $41 seems very unlikely), so I'd be nearly certain $41 was impossible. I'd then find the profit if the store sold as many new books as possible to verify that their max profit was $39, not $41.
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