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A factory produces one type of widget.

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Joined: 14 Apr 2017
Posts: 247

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Location: India
sandeep : sharma
Concentration: International Business, Entrepreneurship
GPA: 3.9
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A factory produces one type of widget. [#permalink]

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New post 28 Jul 2017, 08:39
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Dear All,
Try this IR question.
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Thanks
71 tough IR questions218-ds-questions-for-practice
awa-ppt-the-best-resource-for-gmat
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Joined: 14 Dec 2015
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Re: A factory produces one type of widget. [#permalink]

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New post 02 Aug 2017, 12:49
The correct answers are:
X = 160
Y = 62.5

If the revenues are equal for 2 months, the equation becomes:
wp = ((x/100) of p) * ((y/100) of w)

Solving the equation , we get xy = 10000. The 2 values which multiply to 10000 are 160 and 62.5.
X is 160 since the price increased, and Y is 62.5 since the number of quantities sold decreased.

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Re: A factory produces one type of widget.   [#permalink] 02 Aug 2017, 12:49
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